Wednesday’s main focus for traders was The Fed Reserves Interest Rate decision, an eagerly awaited data release providing forward guidance on interest rates and monetary policy. Rate hikes globally have been a topic of conversation over the past few months with inflation over-shooting many central bank targets of 2%.

Investing is a precarious enterprise. How did you know that investing in Amazon in the late nineties was going to turn every £1,000 into more than two million? In one sense it is easy, and I'll suggest the easiest way. But as with all of these questions you have to start with some sort of ground rules.

Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…

The Pound commenced last week much higher against the Euro & US Dollar due to Bank of England’s hint of an interest rate hike. However, the pound has fallen against the Euro and USD towards the close of trading on Friday last week.

In 2001, El Salvador decided to abandon “colon’, its own currency, and adopt the U.S. dollar as legal tender. The reform was intended to control inflation in the country and improve trade relations with the U.S. 

Yesterday morning we saw GBP edge up slightly across the major currencies with inflation hitting more than a nine year high, which led to further expectation for The Bank of England to act sooner rather than later with hiking Interest Rates.

The British pound rebounded this morning but was off the highs touched yesterday, after data showed British inflation hit a more than nine-year high last month, fuelling expectations the Bank of England could look to hike rates sooner than previously expected.

Exploring The Different Types of Business Loans in 2021. Whilst getting a small business loan can be quite complicated, there are a plethora of steps that you can follow so as to put yourself in a favourable position during your business’s application process.