Market Update
The Fed cut interest rates by 50 basis points on Tuesday, its first emergency rate cut since the financial crisis and collapse of Lehman Brothers in 2008. The cut was […]
Market Update
Sterling has dipped against the U.S. Dollar and Euro, as an unexpected rate cut from the U.S. Federal Reserve fuelled expectations the Bank of England could follow suit to protect […]
Sterling Drops To 4 Month Lows
Pound sterling has now hit a four and a half month low wiping out the gains we have had after the signing of the Brexit deal and massive election victory […]
Pound Continues To Fall
Sterling suffered more losses after Boris Johnson pushed The EU back stating The UK were prepared to walk away from Trade Talks in June if enough progress wasn’t made. These […]
Pound Plummets
GBP The Pound fell due to renewed speculation of a delay of the March budget which comes in addition to mounting coronavirus concerns and is further encouraging markets to price […]
Trade Deal Talks Begin
EU ministers will meet today to discuss how to open to trade deal negotiations, which will start on March 02. They are expecting the mandate to be based on EU […]
Market Update
Sterling rebounded towards the end of last week due to better than expected Retail Sales in January. The main factor behind the increase was the horrendous weather in the UK […]
Market Update
Pound Sterling has dropped to a three month low against the Greenback on Thursday as the U.S. currency’s has out performed undoing the recent pound gains that were driven by […]
Market Update
The Pound has retraced against the Euro proving that the rate is uncomfortable above 1.20 against the Euro and 1.30 against the USD. Due to ongoing concerns that the EU […]
Market Update
This morning’s main data release is UK CPI inflation for January. The previous month saw an unexpected fall to 1.3%, the lowest for three years, which had fuelled expectations of […]