Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Forex

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British pound

UK CPI jumps to 9% in April, highest in over 40 years

Consumer inflation in the UK is at 40-year highs with April CPI coming in at 9%. This shows the persistent nature of price pressures and the need for the BoE to act more aggressively, while balancing the cost of living crisis.

2022-05-18T09:54:01+0100

Australian dollar

AUD rises as RBA meeting hints at further rate hikes

The Australian dollar has continued its bullish momentum of the last few days, aided by the latest Reserve Bank of Australia meeting minutes which show willingness to continue hiking interest rates as price pressures mount.

2022-05-17T10:48:32+0100

GBP

Risk event for the week of 16 May: short GBP

With the potential for a better price to enter another short sterling trade, Daily FX's Richard Snow considers the levels to watch for GBP/USD ahead of UK inflation and jobs numbers.

2022-05-13T11:10:32+0100