From the Cayman Islands to the United Arab Emirates, various nations are competing to entice international professionals and investors with appealing tax regimes. Portugal and Spain had been two of the most favorite Mediterranean regions for this reason. But now, the landscape is changing.

Throughout this week both GBP and EUR have outperformed the USD, until Thursday afternoon. Strong inflation data was released for the US and the trajectory for a potential further rate hike from the Federal Reserve is back on the table, at least that’s the market census for now.

The petrochemical industry is a vast and dynamic sector that plays a crucial role in the global economy. It encompasses the production of a wide range of chemical products derived from petroleum and natural gas, with applications spanning from plastics and fertilizers to pharmaceuticals and textiles.

Over the past few years, the realm of cryptocurrency has undergone a transformative journey, transcending its origins as a specialized idea to become a ubiquitous global phenomenon.

After hearing from 3 members of the Federal Reserve give their view on how they prefer the US central bank should go forward and how its performing, suggest further USD strength.

The pound rose against the dollar for the first time in almost a week, in line with a retreat in the U.S. currency, and after a survey showed UK business activity was less subdued than initially feared in September.

The British pound suffered its worst month against the U.S. dollar for a year in September, and strategists show little optimism for the rest of the year, as growth expectations weaken once again.

The month ended with GBPEUR at 1.1530 and GBPUSD at 1.22- over all the month of September was not very supportive for the Sterling and we saw a lot of weakness to end the quarter- although we have also seen a weaker Euro alongside a weaker Pound, it seems traders have found more value shorting the Pound as it was one of the better-performing currencies at the beginning of the year.