Uncertainty
A very busy period full of mixed economic data releases is fuelling ever higher levels of market uncertainty. With interest rate expectations for the Bank of England (BoE), the US Federal Reserve (Fed) and the European Central Bank (ECB) in the balance. Both the economic and political outlook remain uncertain. Currency Exchange Rates Update The […]
A Soft Landing
A soft landing An economic ‘soft landing’ refers to when an economy slows down from a period of strong growth but avoids falling into a recession. The achievement of an economic ‘soft landing’ has been the ‘holy grail’ sought by the world’s major central banks since they started sharply raising interest rates in 2022 in […]
Can The Pound Recover From A Dreadful Few Weeks?
Currency Exchange Rates Update The Pound has had a dreadful couple of weeks, losing ground against all of its major currency peers and touching an 18-week low against the Euro and a 26-week low against the US Dollar last week. What’s In The News? In The UK… Good news Good news for mortgage payers and […]
It’s All About Interest Rates
Time flies. One minute we’re all celebrating the festive season and the new year and then in a flash (or at least that is how it feels to me) the first month of 2023 is all but over. This week promises to provide a very lively end to January and an even livelier start to […]
Oh My! Where Are Interest Rates Going?
As we approach mid-month, we ask ourselves ‘where are interest rates going?’ The Pound is up over 4.5% since the September low when on the 26th it hit its lowest level since January 2021 but is level pegging from this time last year against the Euro. Against the US Dollar, the Pound is still over […]