fbpx
Log in

Login to your account

Username *
Password *
Remember Me

Create an account

Fields marked with an asterisk (*) are required.
Name *
Username *
Password *
Verify password *
Email *
Verify email *
Captcha *

Currency Market Update - 31st May 2024

Currency Market Update Eurozone Consumer Confidence edged slightly higher for May’s reading yesterday, from -14.7 to -14.3. It was in line with expectations but more importantly reflected the smallest extent of pessimism by consumers since the start of Russia’s invasion in February 2022. This has been partly driven by inflation finally slowing, as well as growing expectations of an imminent interest rate cut by The European Central Bank next week.

Currency Market Update - 30th May 2024

Currency Market Update Sterling has recently held on steady against the EUR and as no economic data releases today that should have an impact on the GBP/EUR rate, eyes are now on tomorrow’s core inflation and inflation levels being released in Europe. Recent trajectories suggest that inflation levels will increase for May. From an economic standpoint this scenario is never a promising sign for a central bank – seeing economic growth slowing down and seeing a turn of increasing price levels.

The Rise of CFD Trading in Canada: Opportunities and Challenges

THE RISE OF CFD TRADING IN CANADA: OPPORTUNITIES AND CHALLENGESContracts for Difference (CFDs) are a type of financial instrument that allows traders to guess on the rising or falling value of fast-moving global financial markets.

In Canada, the adoption of CFD exchange has seen significant growth due to its numerous advantages, such as flexibility, high leverage, and the ability to go long or short.

What You Need to Know Before Selecting a HELOC Lender

WHAT YOU NEED TO KNOW BEFORE SELECTING A HELOC LENDERIn the realm of personal finance, few tools offer the flexibility and potential of a Home Equity Line of Credit (HELOC). It stands as a versatile resource, allowing homeowners to leverage the equity they've built in their homes for various financial endeavors.

Atton Accounting & Consulting: Excellence in Accounting Services

ATTON ACCOUNTING & CONSULTING: EXCELLENCE IN ACCOUNTING SERVICESAtton Accounting & Consulting is a leading professional services firm that has consistently delivered exceptional accounting and consulting services to clients across a wide range of industries. With a deep commitment to upholding the highest standards of the accounting profession, the firm has established itself as a trusted partner for businesses and individuals seeking reliable, accurate, and compliant financial management solutions.

Currency Market Update - 20th May 2024

Currency Market Update Last week was constructive for Sterling exchange rates with GBPEUR ending the week at 1.1685, and GBPUSD ending the week at 1.27. EURUSD was also bullish last week closing on Friday at 1.0870.
As we enter a new week, there are different data releases to focus on which could shift the mood as far as exchange rates are concerned, on Monday we have a relatively quiet day but we do have a few speeches, the most noteworthy being from BoE’s Broadbent and Barr, Waller and Jefferson of the Fed.

Currency Market Update - 17th May 2024

Currency Market Update Earlier in the week we did see both core inflation and inflation levels decrease in April for the US. While retail sales showed a slowdown too, this lead to USD weakness. Market speculated that a chance of US lower their borrowing costs in September increased. The recent USD weakness came to a halt last night after a number of speeches from Federal Reserve officials.

Currency Market Update - 16th May 2024

Currency Market Update Quieter times are expected for The US Dollar over the next few weeks after recent economic releases initially showed mixed signals with their economy. Yesterday’s April Inflation release showed a slight drop as expected, as Inflation excluding food and energy increased by a mere 0.3% against a 0.4% projection.