Archive: July2016

Important Week Ahead…Will We See Record Lows For the GBP and AUD

31 Jul 2016
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United States Dollar:
After last week’s decision by the FED to keep rates on hold, markets are now speculating a rate hike will likely happen in December rather than in September. A 1 in 3 chance is pointed to September and a 2 in 3 chance is poi…

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Important Week Ahead…Will We See Record Lows For the GBP and AUD

31 Jul 2016
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United States Dollar:
After last week’s decision by the FED to keep rates on hold, markets are now speculating a rate hike will likely happen in December rather than in September. A 1 in 3 chance is pointed to September and a 2 in 3 chance is poi…

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Rate cut fears weigh heavy on Sterling

28 Jul 2016
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Dean Weller
United States Dollar:
The FED hangover continued through Thursday after they decided to leave rates on hold keeping the Dollar at a 2 week low. We saw the release of unemployment claims in the afternoon and it was a disappointing reading, i…

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Hawkish FED fails to deliver the goods

27 Jul 2016
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Dean Weller
United States Dollar:
Last night saw the FED’S conclusion of their 2 day meeting and it was of mixed opinion. They decided to keep rates on hold at 0.5% and this was almost a guarantee this would happen. What we did want to hear though was …

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Could this be Sterlings last Hurrah?

26 Jul 2016
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Dean Weller
United States Dollar:
It was a case of treading carefully for the dollar yesterday as the FED started there 2 day meeting to discuss its next policy decision. With limited moves in the morning the afternoon was a little bit more active. New…

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Brexit and FED meeting grabbing the headlines

25 Jul 2016
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Dean Weller
United States Dollar:
With a light calendar yesterday trade was relatively thin and any cable price moves were very limited. With all eyes firmly on Wednesdays rate announcement the markets are being met with caution. Whilst most firmly bel…

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Post-Brexit fears persist with the release of PMIs 

24 Jul 2016
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Joe Eastwood
United States Dollar:
Friday’s headlines were dominated by the UK’s PMI release. Usually released the first week of the month, this one-off event was to highlight the effect Brexit has had. It certainly wasnt pleasant reading, as the…

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Customers ditch branches for mobile banking

Mobile banking closes branches
22 Jul 2016
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The BBA (British Banking Association, the leading trade association for the UK banking sector) has reported a 32% decline in customers visiting high street banks since 2011, to the point where the average branch only sees 71 customers per day. This figure is forecast to drop further to just 51 customers each day within the […]

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Star Wars Memorabilia Takes Auctions By Storm(trooper)

Star Wars memorabilia sells at auction
21 Jul 2016
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Since George Lucas’ film was released 39 years ago, Star Wars and its franchise has made billions of dollars from merchandise sales in addition to box office takings. Now it seems it is time to sell some of the Star Wars memorabilia you might have collected as a child, particularly if you were smart enough […]

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GBP losses on retail sales erased overnight

21 Jul 2016
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Alex Hartley

United States Dollar:
Sterling pushed higher against the US Dollar after poor retail sales figures. The pound plunged yesterday after retail sales figures came in worse than expected. Despite the volume of retail sales increasing 4.3 % co…

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