The Finseta Blog

The currency markets have lacked direction this week with the major currency pairs stuck in a range.  As we mentioned last week, this is in large part due to the market anticipating a few consecutive big days of economic data and announcements next week. On Tuesday we’ll see US inflation data released followed by an […]

On a daily basis a currency’s value will change against another. When looking at their relative strength, it’s common to compare them against one of the major reserve currencies like USD, EUR or GBP.  Using data from Nov 2022 , we’ve compiled a list of the world’s ten most valuable currencies and explained why they have […]

It’s been a pretty quiet week once again for the UK economy. There have been no major economic data releases, events or political activity. Sterling has to therefore benefitted from a comparatively negative week across the other side of the Atlantic. This week saw ‘worse than expected’ manufacturing and employment data which has had an […]

With the World Cup taking place in Qatar between November and December 2022, it’s the perfect opportunity to take a deeper dive into the currency of the host nation. Below we’ll look at the history, the production and the economy that sits behind the Qatari Riyal. The Gulf Rupee was printed and managed by the […]

Following the drama of the last couple of weeks, the last five days have been relatively quiet on the economic front. There were no major economic releases coming out of the UK. Over the course of the week, we’ve seen the Pound slowly gain ground against both the Euro and the Dollar. This is in […]

Last week Chancellor Jeremy Hunt delivered his Autumn Statement on the status of UK finances and announced a set of new economic policies. As we are all too aware, this was expected to be a sombre affair given the perilous state of the UK economy after Covid-19, the Ukraine War and the disastrous 7 week […]