Articles Archive for March 2016
Currencies, French News »
Yesterday saw the markets endure a volatile day as the pound tanked on the euro and particularly the USD. The dollar has strengthened significantly in recent days, pushing commodities and stocks down yet again and keeping traders on red alert. The theme of the dollar strength is down to the talk of an imminent fed […]
Currencies, French News »
It was a big day for the UK yesterday as George Osborne released the Government’s budget 2016. In a coup for small businesses, middle class workers, savers and energy companies, Mr Osborne’s tax cuts have been widely criticised as an attempt to woo UK voters in his last statement ahead of the EU referendum in […]
Currencies, French News »
The European Central Bank (ECB) met today and decided to cut the main refinancing / interest rate from 0.05% to a new record low of 0.0%. The bank deposit rate was also cut from -0.3% to -0.4% to further encourage banks to lend to the economy, rather than depositing funds overnight with them. The ECB […]
Currencies, French News »
As the European Central Bank (ECB) prepares to meet later this week, clients are strongly encouraged to stay close to the developments… The latest ECB Interest Rate decision is due at 12.45pm on Thursday, followed by the usual press conference with ECB President Mario Draghi at 1.30pm. The rate is widely expected to remain at […]