July 22, 2022
Market Comment - 22nd July 2022

Good morning, Yesterday the ECB raised their interest rate by a slightly unexpected 0.5% bringing the base rate to flat zero. This is their first rate hike in 11 years. The initial reaction was a strong bounce in the Euro against the Pound although the gains were quickly given back and the rate is back […]

Read More
July 21, 2022
Market Comment - 21st July 2022

Good morning, There is a new offshoot of the high inflation numbers in the UK. The interest the Government pays on bonds (government debt) is pegged to the Retail Price Index (RPI). This means the interest payments made by the Government on it's issued bonds is at the highest level since records began....which has led […]

Read More
July 20, 2022
Market Comment - 20th July 2022

Good afternoon, We decided to wait for any potential outfall over the UK inflation data to be priced in before sending out a market update. Inflation came in at a huge 9.4% growth year on year. Slightly more unsettling is it's been cited to household necessaries such as eggs, milk and cheese going up in […]

Read More
July 19, 2022
Market Comment - 19th July 2022

Good morning, This morning saw worse than expected data from the UK. Average earnings (3 months/year for May) including bonuses grew by 6.2% against an expected 6.5%. This has caused a slight softening of the Pound versus the Euro. It has resulted in a number of business headlines focusing on the gap between earnings growth […]

Read More
July 18, 2022
Market Comment - 18th July 2022

Good morning, Business headlines are focusing on the weather this week with calls for a maximum temperature setting for workers of 25 degrees Celsius. At the moment there is no law in the UK to cover this, so possible temperatures of 41 degrees Celsius in the UK this week could fast track that law. Other […]

Read More
July 15, 2022
Market Comment - 15th July 2022

Good morning, It was a mixed bag of Chinese data earlier this morning. Quarter on quarter GDP numbers showed a contraction of 2.6%. Analysts were predicting a 1.5% contraction. However retail sales came in with a 3.1% growth when analysts were predicting zero growth. On the back of this the Chinese Yuan rate has barely […]

Read More
July 14, 2022
Market Comment - 14th July 2022

Good morning, Yesterday saw slightly worse than expected inflation numbers from the US. Analysts were predicting growth of 8.8% year on year and the actual number was 9.1%. This actually supported an already strong Dollar as traders factored in an almost nailed on interest rate hike next time around to try and curb these high […]

Read More
July 13, 2022
Market Comment - 13th July 2022

Good morning, Finally a glimmer of light. The UK GDP figures out just now showed a month on month 0.5% growth which is much better than the predicted zero growth. This has led to a quick jump in GBP/EUR rates which is now climbing back towards the top of the recent range. Let's see if […]

Read More
July 12, 2022
Market Comment - 12th July 2022

Good morning, GBP/EUR remains in a healthy position mid range with no real movement overnight. However it's the GBP/USD rate that's looking not so good. The Dollar is looking increasingly strong versus the Pound that is now at 2 year lows. The ongoing political situation and signs of real difficulties for consumers is hampering things. […]

Read More
July 11, 2022
Market Comment - 11th July 2022

Good morning, Employment numbers in the US came in stronger than expected. Analysts had predicted growth of 268,000 jobs but the actual number was 372,000 extra jobs. This news has further stabilised the Dollar which remains strong versus the Pound. GBP/EUR remains in a sideways movement towards the middle of the recent range. Political upheaval […]

Read More

© 2022. RegencyFX Ltd. All rights reserved. *Third party fees may apply.

Payment services for RegencyFX Ltd are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: The Steward 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). In the US Currency Cloud operates in partnership with CFSB. CFSB fully owns the bank program and services are provided by The Currency Cloud Inc.

Payment services for Regency FX Ltd are provided by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales. Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB).

License No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution. Firm Reference Number: 927951

Currency Pairs, Approved Jurisdictions and Non-Permitted Activity

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram