Sunday, June 16th 2024

Money & Finance

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.

Euro Update – 30 April 2024

GBP The pound dropped to a fresh year low at the end of last week’s trading sessions versus the USD as the Deputy Governor of the Bank of England, Dave

Euro Update – 23 April 2024

GBP 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

Euro update – 16 April 2024

GBP The latest GDP growth data for the UK was released this morning. It shows that the UK economy grew 0.1% in February and 0.3% in January (revised up from

Euro Update – 19 March 2024

GBP Last week, GBP held a solid footing following Chancellor Hunt’s Spring Budget on Wednesday and the revisions from the Office of Budget Responsibility, raising GDP growth forecasts and predicting

Euro Update – 12 March 2024

GBP Last week, there was little volatility between the sterling and euro, with the exchange rate range fluctuating just 40 pips (0.004 cents) between its peak and trough. As we

Euro Update – 13 February 2024

GBP Last Thursday, the Bank of England held rates again at 5.25%. Six of the nine-panel committee voted to leave rates where they were, while two voted to increase rates

Euro Update – 19 December 2023

This week’s first significant release for the pound was the Claimant Count Change, which came out on Tuesday morning. Forecasts expect the number of people claiming unemployment-related benefits during the

Euro Update – 28 November 2023

GBP The biggest news of the week came from the Autumn Statement on Wednesday 22nd November. The government’s announcement didn’t significantly impact the pound (it fell 0.6% against the dollar