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 *

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.

What Is the Importance of Supply and Demand Zones?

WHAT IS THE IMPORTANCE OF SUPPLY AND DEMAND ZONES?Technical indicators are one of the main factors that most traders rely on to determine the presence of imbalances in the financial markets. Such indicators help to understand the current market situation and help determine the price.

Currency Market Update - 15th May 2024

Currency Market Update Recent market focus has centered around European Inflation figures with Germany’s April Inflation figures released yesterday. Inflation in general rose slightly more than anticipated off the back of strong food and energy prices, initially denting investors hopes on an Interest Rate cut next month.

Consumer prices increased by 0.1% in April compared to the same period 12 months prior, however when stripping food and energy prices out, Inflation had actually fallen from 3.3% to 3%. What this shows is the difficulty that many Central Banks globally are experiencing in bringing inflation down to the preferred 2% level.

Currency Market Update - 14th May 2024

Currency Market Update This morning we have seen German inflation levels cooled down for its first time in 2024, being unchanged from March to April at 2.2%. After 3 consecutive months of drop in inflation for the European country, it has now flatlined. Inflation is not the issue for Germany and other European countries, what has been and continues to be the concern is lack of economic growth.

Currency Market Update - 13th May 2024

Currency Market Update The last week was pretty volatile for Sterling exchange rates, with the Pound falling prior and following the BoE decision. The simple update is that 2 members voted for a cut which meant that traders have now started to price in the first BoE cut for June - this essentially weakened off the Pound through Thursday.