Tuesday set off with Reserve Bank of Australia's meeting. RBA decided recently to leave rates on hold, currently sitting at a level of 4.35%.
For any business, big or small, making payments easy is crucial. Yet, many customers abandon their purchases right at the end, not because they changed their minds about the product, but because the payment process was too confusing or frustrating.
UK retail sales fell in July following a strong performance in June, providing further evidence that household spending remains sensitive to both economic conditions and changing seasonal demand.
Last week was relatively uneventful by 2026 standards, but that did not stop Sterling from continuing its recent recovery.
US inflation cooled slightly in July, with the annual headline rate falling from 3.5% to 3.4%, in line with market expectations. Consumer prices rose by just 0.1% during the month, while core inflation, which excludes volatile food and energy prices, increased by 0.2%.
Oil prices extended their recent gains this morning, approaching a two-week high as the United States and Iran continue to struggle to reach an agreement that could pave the way for the reopening of the Strait of Hormuz.
Oil prices remain highly volatile, having surged by approximately 13% since Friday amid growing doubts over whether President Trump’s latest peace initiative will progress as intended.
Buying a car is rarely just a question of finding a monthly payment that looks manageable.
- Currency Market Update: August 10th 2026 - The Dollar Just Got a Warning
- Currency Market Update: August 5th 2026 - Dollar Slips as Hormuz Deal Hopes Lift Market Sentiment
- Currency Market Update: August 3rd 2026 - Markets Test Central Bank Resolve
- Currency Market Update: July 30th 2026 - Pound in Focus as Bank of England Decision Looms
- Finance Software Tips for Growing Algarve Firms
- Currency Market Update: July 24th 2026 - Strong UK Retail Sales Overshadowed by Global Risks
- Currency Market Update: July 23rd 2026 - ECB Rate Decision Takes Centre Stage as Energy Prices Climb
- Currency Market Update: July 22nd 2026 - Sterling Weakens as UK Inflation Misses Expectations









