Market Update
The UK economy saw a return to growth in February despite still being in lockdown with businesses preparing to open up again, as well as exports to The EU showing […]
Market Update
The Pound remains on track to continue its climb higher against The Euro and USD after a relatively well received budget for 2021 as well as the ever-progressing vaccine roll-out. […]
Market Update
Sterling fell to its lowest in a week against the dollar and traded near one-week lows against the euro as more subdued risk sentiment across broader asset markets weighed on […]
Market Update
Sterling was steady this morning, a day after hitting three-week highs against both the dollar and euro, ahead of expected British moves to prevent a full-blown unemployment crisis. In his […]
Market Update
The pound fell against the euro and held steady against the U.S. dollar, as traders looked ahead to this month’s Brexit negotiations and more government support measures expected later this […]
Market Update
Britain’s inflation rate sank in April to its lowest since August 2016 as the coronavirus pandemic pushed down global oil prices and clothing retailers cut prices, while power tariffs also […]
US Slash Rates To Near Zero
Ahead of the open of Asian markets late last night, the US Federal Reserve slashed interest rates by 100bp, taking the target range for the benchmark rate to 0-0.25%. Alongside, […]
Market Update
GBP conceded its fourth consecutive weekly loss against the EUR last week due to a combination of pessimistic Brexit Talks and increasing concerns surrounding the Coronavirus. The EUR has been […]
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 […]
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 […]