April Market Update
Discover insights on March's currency markets and April's upcoming pivotal economic data. Stay informed on upcoming key events and rate projections in this insightful review.
Last month, currency markets saw subdued activity, with GBP/USD trading within a narrow range of 1.2580 to 1.2880, while GBP/EUR held steady between 1.1630 and 1.1758. The low volatility among the three key global economies reflected the stagnant interest rates, which have remained 'paused' for as many as ...
Read moreDiscover insights on March's currency markets and April's upcoming pivotal economic data. Stay informed on upcoming key events and rate projections in this insightful review.
Discover insights on April's currency markets and May's upcoming pivotal economic data. Stay informed on upcoming key events and rate projections in this insightful review.
Delve into the stability of GBP/EUR and GBP/USD amidst central bank decisions in February, while March's outlook hints at potential market volatility and political shifts. Stay informed on upcoming economic events and rate projections in this insightful review.
The Moneycorp dealers share their insights on the month and look ahead at trends that might impact market movements.
The Moneycorp dealers share their insights on the month and look ahead at trends that might impact market movements.
Discover insights on March's currency markets and April's upcoming pivotal economic data. Stay informed on upcoming key events and rate projections in this insightful review.
Discover insights on April's currency markets and May's upcoming pivotal economic data. Stay informed on upcoming key events and rate projections in this insightful review.
Delve into the stability of GBP/EUR and GBP/USD amidst central bank decisions in February, while March's outlook hints at potential market volatility and political shifts. Stay informed on upcoming economic events and rate projections in this insightful review.
The Moneycorp dealers share their insights on the month and look ahead at trends that might impact market movements.
The Moneycorp dealers share their insights on the month and look ahead at trends that might impact market movements.
The Bank of England held rates steady as expected last Thursday. Interest rates have remained at the 16-year high of 5.25% over the previous six meetings as the central bank's monetary policymakers wait for the threat of high inflation to diminish.Governor Andrew Bailey's comments were described as more optimistic, hinting at a possible rate cut in June. He stated that a cut at the...
Last week was quiet regarding UK data releases, but with the Bank of England scheduled to meet on Thursday, this week could see more movement in the pound. Markets expect the Bank of England to follow the Federal Reserve and hold rates when they meet on Thursday, May 9th. They anticipate only a...
It’s a quiet data week for GBP ahead of the Early May Bank Holiday weekend, with services industry data serving as the most notable on Friday. Markets will be preparing for next week’s Bank of England (BOE) meeting on Thursday which, based on current market expectations, will result in a sixth consecutive hold of the BOE’s...
The pound dropped to a fresh year low against the USD at the end of last week's trading sessions as the Deputy Governor of the Bank of England, Dave Ramsden, highlighted easing price pressures in the UK. This could suggest that he has become more open to the possibility of an interest rate cut sooner...
The latest GDP growth data for the UK was released on Friday. It shows that the UK economy grew 0.1% in February and 0.3% in January (revised up from the 0.2% reported previously), which could indicate the UK economy is rebounding from its technical...