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FX Market Report - 22nd May 2015

EU – Markit Economics PMI data reveals contradicting fortunes for biggest EU players 

France’s economic recovery showed signs of picking up the pace this month after PMI figures released for April indicate that manufacturing and consumer inflation is growing at its the fastest pace in almost two years. 934 more words


FX Market Report - 21st May 2015

BoE – Interest rates remain predictably unchanged. 

Minutes released on Wednesday morning showed that the BoE Monetary Policy Committee voted unanimously (9-0) to keep interest rates unchanged and the quantitative-easing program at the pre-agreed level. 660 more words


21/05/2015 - Mixed Markets - Market Wrap Up

EUR/USD rebounded slightly higher to current of 1.1156. UK Retail Sales came out much better than expected at 4.7% compared to consensus of 3.8%. Pound rose from 1.5603to current of 1.5681 while AUD/USD dipped mildly to current of 0.7883.

Market Wrap Up

FX Market Report - 20th May 2015

The main measure of UK inflation turned negative in April for the first time on record, with inflation in the UK falling to -0.1%.

It is the first time the Consumer Price Index (CPI), which measures the generic cost of goods at a consumer level, has turned negative since 1960. 810 more words


FX Market Report - 19th May 2015

A lack of significant economic data has caused the surprisingly strong GBP to level out slightly over the last few days, there is every reason to believe however that the GBP may well continue its uptrend as the weeks go on with a number of key economic reports due out and global events expected to come to a conclusion. 492 more words


FX Market Report - 18/05/2015

The GBP/EUR pairing appears to be relatively stable at the moment.

The EURO has clawed back minor gains against a significant number of major currencies over the last few weeks however economists are indicating that declines are forecast to be limited. 588 more words


20/05/2015 - USD Continues to Strengthen - Market Wrap Up

EUR/USD continued to fall to current of 1.1120, AUD/USD dipped further to current of 0.7906 and GBP/USD lower to current of 1.5540

Market Wrap Up