Friday, December 6th 2024

Money & Finance

Euro Update – 19 November 2024

GBP In a widely expected move, the Bank of England cut interest rates by 25 basis points to 4.75% last Thursday 7th November. This was the year’s second base rate

Euro Update – 15 October 2024

GBP Two weeks into October and currency markets are warming up, despite the cooler autumnal weather. Volatility has been incredibly high, largely driven by conflict in the Middle East. As

Europ Update – 3 September 2024

GBP After a quiet data week last week, the UK took centre stage this week with plenty of first-tierdata sets released, including the latest figures on unemployment, inflation, growth and

Euro update – 13 August 2024

Is the Fed risking a recession? GBP Sterling weakened at the tail end of last week following the Bank of England’s decision to cut rates 25 basis points to 5.00%.

Euro Update – 16 July 2024

GBP Last week, Labour secured a decisive victory in the UK general election, winning 412 out of 650 seats. The Conservatives won 121 seats, and the Liberal Democrats secured 72.

Euro Update – 25 June 2024

GBP England came away with a draw from their second match against Denmark at the 2024 Euros. Although this is not what the nation had hoped for England, they remain

Euro Update – 18 June 2024

EUR GBPEUR posted fresh highs earlier this week, finally breaking the psychological 1.18 barrier on interbank exchange rates that had previously kept the pair contained. The pair hadn’t reached this

Euro Update – 11 June 2024

GBP Sterling rounded up on a strong note at the end of May, with GBP/EUR peaking at 1.1780, the highest level since August 2022. However, this peak still indicates a

Euro Update – 4 June 2024

GBP The most significant news in the UK last week was Rishi Sunak’s unexpected move to call a snap election on 4th July. Speculation that the election would happen in

Euro Update – 7 May 2024

GBP It’s been a quiet data week for GBP ahead of the Early May Bank Holiday weekend, with today’s (Friday 3rd May) services industry data serving as the most notable.