FX Update 15 February 2023
The UK economy was given a GDP downgrade by the IMF on Tuesday. Previous estimates expected the UK economy to grow during 2023, however this has now been revised down to a 0.6% contraction. The IMF…
Metals Update – Feb 10 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Fuel & Oil Update – Feb 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Metals Update – Feb 03 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
FX Update 2 February 2023
The UK economy was given a GDP downgrade by the IMF on Tuesday. Previous estimates expected the UK economy to grow during 2023, however this has now been revised down to a 0.6% contraction. The IMF…
Metals Update – 20 Jan 23
Prices slip back from new highs on China worries.
Copper prices fell towards the end of the week as investors worried about weak demand as China, the world’s largest metals consumer, prepares for a holiday and other economies slow due to high-interest rates.
FX Update – 18 January 2023
Last week, the UK GDP figures surprised on the upside showing 0.1% of economic growth for November. Despite this positive number, the Pound didn’t attract much support, continuing the theme of relatively low volatility that we’ve had so far this year.
Fuel & Oil Update – January 2023
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
FX Update – December 2022
Last week was quiet on the data front, reflected in the rates, as GBP traded within a tight range. GBP/USD touched 1.2344, the…
Fuel & Oil Update – December 2022
Oil prices slumped following the introduction of the embargo because traders had already factored in both the EU…