UK house price growth slows, USD continues to gain

UK house price growth slows, USD continues to gain On Thursday we saw the GBP/EUR and GBP/USD rates continue to fall. The USD was the main gainer on the day after the US posted better than expected growth figures on Wednesday, and then in the evening the FOMC tapered their quantitative easing programme by a … Read more UK house price growth slows, USD continues to gain

FOMC Minutes and Bank of England interest rate decision

FOMC Minutes and Bank of England interest rate decision It was a relatively quiet day on the markets yesterday with GBP/EUR trading within a 0.30 cent range, and GBP/USD didn’t show much more volatility. The only data of note early on in the day was the Halifax month on month house price index falling 0.6% … Read more FOMC Minutes and Bank of England interest rate decision

Will we see fireworks after Janet Yellen’s speech or just on the 4Th July?

U.S goalkeeper Tim Howard saved a record 16 shots in their World Cup Game against Belgium, but just like the U.S Football team, the USD couldn’t claw back some of its losses against its counterparts. At 06:00GMT we saw the Nationwide Housing Prices (YOY) and (MOM) for the UK, both exceeding expectation, YOY at 11.8% … Read more Will we see fireworks after Janet Yellen’s speech or just on the 4Th July?