Thursday, April 25, 2024
MARKET UPDATE
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Tag "sterling"

Dollar dips on dot-plot disappointment, BoE in focus

    Dollar dips on dot-plot disappointment, BoE in focus

The federal reserve has lifted interest rates to their highest level since the financial crisis, but Dollar bulls are clearly unamused. Although on Wednesday, as widely expected, US interest rates

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Sterling boosted by UK jobs report, dollar sobs

    Sterling boosted by UK jobs report, dollar sobs

Investors who were itching for another opportunity to propel Sterling higher were given the green light on Wednesday after UK employment data came in stronger than market expectations. The number of people

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BoE keeps rates unchanged

    BoE keeps rates unchanged

Sterling offered a fairly muted response during Thursday’s trading session after Bank of England policy makers unanimously voted to leave interest rates unchanged at 0.5% in December. Although inflation in the United

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Sterling lower ahead of UK employment data

    Sterling lower ahead of UK employment data

Investors who sought fresh insight into the outlook on UK interest rates were left empty-handed on Tuesday after Bank of England’s Deputy Governor Ben Broadbent maintained a safe distance from monetary policy

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UK inflation accelerates in April, Sterling sinks

  UK inflation accelerates in April, Sterling sinks

Sterling tumbled lower on Tuesday following reports of UK consumer prices jumping to 2.7% in April, the highest level since

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Global stocks dip ahead of Yellen’s speech

  Global stocks dip ahead of Yellen’s speech

Global stocks were pressured during Friday’s trading session, as scepticism over the sustainability of the Trump-fuelled market rally and a

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Sterling bears eye manufacturing data

  Sterling bears eye manufacturing data

The Sterling swiftly retreated across the board during trading this week as the toxic cocktail of tepid domestic data and

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Sterling bulls lean on false lifeline

  Sterling bulls lean on false lifeline

Stock markets staged a miraculous rebound during trading on Tuesday following the abrupt appreciation in oil prices that renewed risk

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