MPC Maintain the status quo…for now
On the 21st March the Bank of England’s Monetary Policy Committee (MPC) surprised no one by holding interest rates at 5.25% for the fifth time in a row, with eight of nine committee members voting to leave rates unchanged in March.
Despite maintaining the current status quo Andrew Bailey, ...
Read more FX Update; Predicting the Pound’s (£’s) performance in 2023
Having fallen against the US Dollar since Q2 2022, the Pound has recently touched fresh highs against both the Euro, US Dollar and many other global trading currencies, raising the question; will the Pound continue to rise from its October lows, when it flirted with Euro and D...
Read more FX update: The challenges and opportunities of a weak pound
The weakening pound creates winners and losers in international trade, with UK exporters, manufacturers and popular brands looking cheap to overseas buyers, while importers face higher input costs, which adds to the UK’s inflationary cycle.
Despite the pound rising to $1.14 - after falling t...
Read more Pressure on the Pound (£) continues as FX markets slump
Sterling's sensitivity to global stock markets has it struggling against the Euro and Dollar and stabilisation in global market conditions, to stop the continued August falls, is unlikely in the short term, it is predicted.
The Pound slumped sharply against both currencies as fears o...
Read more Falling pound (£) adds costs for imports
Rapidly rising inflation, the cost of living crisis, plunging consumer confidence and rapidly cooling business activity have contributed to the pound sterling’s fall to new lows, which has effectively added a further 5% inflation to the cost of imported goods.
The Bank of England and US Fede...
Read more 
