GBP/AUD Falls After US Rate Announcement

James Baxter Senior Currency Broker T: 01442 892 062 E: [email][email protected][/email] GBP/AUD Choppy After Federal Reserve Announcement The Australian dollar has gained ground against its UK counterpart after the US Federal Reserve announced an interest rate rise on Wednesday evening. Janet Yellen and Co. announced a 0.25% increase to the US base rate, the first … Read more GBP/AUD Falls After US Rate Announcement

Yellen confident ahead of December meeting

Yellen confident ahead of December meeting As the December FOMC meeting looms all eyes turn to the US as data releases and speeches will be closely scrutinised. Yesterday we had speeches from Fed chair Yellen followed by FOMC member Williams.  The overall rhetoric of the speech was positive surrounding the US economy and Yellen believed … Read more Yellen confident ahead of December meeting

Best time to sell CAD

Best time to sell CAD It has been an extremely volatile week in the forex markets and now may be the best time to sell CAD. Sterling to Canadian Dollar exchange rates have fluctuated between 2.0350 at the high to lows of around 1.9870. To put this into monetary form, a typical transfer of £200,000 would see you … Read more Best time to sell CAD

Yellen reiterates cautious tone regarding policy tightening, Carney follows suit

Written by: Kingsley Walker Currency Broker T: 01442 892071 E: [email protected] Yellen reiterates cautious tone regarding policy tightening, Carney follows suit In a response to consumer advocate Ralph Nader, Federal Reserve Chair Janet Yellen published a letter Monday reinforcing the reason interest rates have been kept at record lows since December 2007. Yellen argued that … Read more Yellen reiterates cautious tone regarding policy tightening, Carney follows suit

Will the Fed move in December?

Written by: Kingsley Walker Currency Broker T: 01442 892071 E: [email][email protected][/email] Will the Fed move in December? As many had predicted the Federal Reserve decided to leave interest rates unchanged at their latest FOMC meeting. However, the report made specific reference to assessing economic conditions at the next policy meeting in December. The Fed stated, … Read more Will the Fed move in December?

Markets await results of FOMC meeting

Written by Kingsley Walker Currency Broker T: 01442 892071 E: [email][email protected][/email] Markets await results of FOMC meeting. As the London session closes today all eyes will be on the FOMC meeting taking place this afternoon at 6.00pm UK time. Once again investors will be looking for any clues or hints of an imminent policy change … Read more Markets await results of FOMC meeting

GBP/AUD Falls After RBA Announcement

GBP/AUD Drops to 2.12 The Australian dollar has gained significant ground over the last week as expectations for the US interest rate hike have been pushed back and the RBA announced no change to monetary policy on Tuesday. As a result, the Australian dollar has gained around 8 cents on the pound, dropping from $2.20 … Read more GBP/AUD Falls After RBA Announcement

GBP/USD regains lost ground after positive data

Kingsley Walker Currency Broker T: 01442 892071 E: [email protected] GBP/USD regains lost ground after positive data In what was dubbed as the most anticipated Fed meeting in September passed by as a relative non-event. Janet Yellen stalled on a rate hike in September amid global volatility and uncertainty in the markets however, this has not … Read more GBP/USD regains lost ground after positive data

Fed keeps the markets guessing

Kingsley Walker Currency Broker T: 01442 892071 E: [email protected] Last Thursday the markets waited in anticipation for the announcement that the Fed will change their stance in monetary policy, however, they kept the markets guessing. Once the dust had settled we were left in the same position leading up to what was dubbed the most … Read more Fed keeps the markets guessing

Markets rejoice after a disastrous start to the week

Written by: Kingsley Walker Currency Broker T:01442 892071 E: [email protected] W: foremostcg.wpengine.com Markets rejoice after a disastrous start to the week and stock markets from Asia to US rose following positive data from the US. With the effects of black Monday seemingly fading the FTSE 100 rose and recouped all of the losses that it … Read more Markets rejoice after a disastrous start to the week