Pound Recovers From Recent Losses
The GBP has recovered recent losses against the Euro and US Dollar with the key focus todays cabinet reshuffle. PM Boris Johnson will have capabilities to refresh his team ahead […]
UK Economy Shows Zero Growth
Britain’s economy flatlined in the last three months of 2019 with the country in deadlock over Brexit. Official figures showed zero growth in the fourth quarter compared with the July-September […]
Pound Weakness Continues
GBP has again experienced weakness against both EUR & USD after weekend reports that Brexit talks could break down as early as April. One of the main factors is the […]
Market Update
Sterling continues to extended losses on as concerns about negotiations between Britain and the European Union for a trade deal continued to create a sense of uncertainty. Yesterday’s moves were […]
Boris to reshuffle Cabinet next week
Boris Johnson is expected to reshuffle his Cabinet next Thursday or Friday in a move that could have a major impact on the upcoming UK-EU post Brexit negotiations. This could […]
Sterling Rebounds
GBP recovered from six-week lows to bounce back above 1.18 against the EUR and 1.30 against the USD off the back of better than expected Construction PMI for January. Positive […]
Market Update
The pound dropped to a six-week low against a broadly firmer dollar, as Prime Minister Boris Johnson’s tough stance on European Union trade talks renewed concern that a deal may […]
Sterling Falls Sharply
Sterling fell sharply this morning Boris Johnson set out tough terms for European Union talks, bringing back fears Britain would reach the end of an 11-month transition period without agreeing […]
Rate Decision At Midday
President Donald Trump’s pitch to the Federal Reserve to cut US interest rates has been denied as Interest Rates stay put. Trump believes the central bank should cut its key […]
Interest Rate Cut On Thursday – 50/50
Sterling has weakened against the Euro this morning alongside dropping to a one week low against the USD. Main reasons being the concern about Britain’s future relationship with the EU […]