Weekly Market Report
There is rising pressure on Biden from many Democratic congressional leaders and close friends to stand aside.
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By Carolina
There is rising pressure on Biden from many Democratic congressional leaders and close friends to stand aside.
By Carolina
Labour has won with a landslide majority in the 650-seat parliament with Rishi Sunak’s Conservatives suffering the worst performance in the party’s history.
By Carolina
Sterling has held its gains against the US dollar after the Federal Reserve (Fed) Chair Jerome Powell highlighted that disinflation has resumed.
By Carolina
Later today, the Bank of England (BoE) is expected to leave its interest rates unchanged when it meets for its policy meeting at 11:00 GMT on Thursday.
By Carolina
Sterling (GBP) was weaker against the US dollar (USD) in Tuesday’s London session. The GBP/USD pair was lower as the dollar recovered after a slight drop.
By Carolina
The pound remained supported despite data that showed the UK Manufacturing output and Industrial Production contracted significantly in April.
By Carolina
The Bank of England (BoE) has indicated more aggressive rate cuts than expected by investors.
By Carolina
GBP/USD managed to recover despite being vulnerable and close to more than a six-week low due to slowing UK inflation and gloomy market mood.
By Jack
The Bank of England (BoE) could start cutting interest rates before the US and the Eurozone despite previous expectations.
By Carolina
On Thursday morning, the pound rose as market mood improved and investor appetite for risk-sensitive assets such as the pound increased.
Universal Partners FX Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution under the Payment Services Regulations 2017. Our FCA Firm Reference Number is 820037.
For some clients based in the United Kingdom and rest of the world, payment services and e-money services for Universal Partners FX Ltd are also provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).
For clients based in the European Economic Area, payment services for Universal Partners FX Ltd are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).
For clients based in the United States, payment services for Universal Partners FX Ltd are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011.
© Copyright Universal Partners FX 2023 | All Rights Reserved | Universal Partners FX Ltd, The South Quay Building, 77 Marsh Wall, Canary Wharf, London, E14 9SH, United Kingdom. Registered in England & Wales, number: 10674030.