Weekly Market Overview: GBP, EUR, and USD Analysis GBP: Sterling Faces Challenges Amid Dollar Strength Despite the positive Gross Domestic Product (GDP) data, the pound had a difficult week. The
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Weekly Market Overview: GBP, EUR, and USD Analysis GBP: Sterling Faces Pressure Amid Strong US Employment Data The pound experienced renewed pressure last week, particularly in response to robust U.S.
ContinueWeekly Market Overview: GBP, EUR, and USD Analysis GBP: Pound’s Pressure Eases Amid Positive GDP Figures The pound faced ongoing pressure throughout the past week. However, a glimmer of hope
ContinueThe UK economy faces many issues, including high inflation, labour shortages, potential housing crises, and rising interest rates. The pressing question is whether the economy can overcome these challenges or
ContinueGet ready for a volatile week. Last week, the UK’s interest rate expectations fell from 6.25% to 5.8%, resulting in a 1.5% drop in GBPUSD and decreased consumer confidence. This
ContinueAs markets opened this morning, the start of 2023 has been marked by immediate volatility. The EUR and GBP both saw significant drops against the Dollar, with the EUR experiencing
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