In limbo
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This morning the market has opened with the general mood that risk is off the table, with a negative outlook heading into the coming weeks. Bre... Read More >
Economic updates
Negative rate nerves
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Throughout Thursday, GBP pairs had a shaky session whilst deviating near 1% against both the euro and the US dollar, opening the day at around ... Read More >
A suitable compromise?
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Yesterday, sterling markets breathed a short sigh of relief, as the Government agreed to give ground on the highly contentious and pound damagi... Read More >
Central banks in the spotlight
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Major currency pairs took a breather yesterday, after a volatile week which saw sterling shed gains built up over the last few months. GBP has ... Read More >
A messy divorce
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Late last night at Westminster, any hopes of a Commons rebellion as seen during Theresa May’s Government were quashed, as the Internal Market b... Read More >
All about the bill
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After what was one of the more turbulent weeks of GBP trading in recent memory, UK Parliament will today vote on amendments to the, hugely cont... Read More >
UK GDP brushed aside
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UK GDP for the month of July was forecasted at 6.7%, compared to 8.7% in June. The result was pretty much bang on the money at 6.6%.
Both in... Read More >
UK EU chair emergency meeting on Brexit indifferences
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GBPUSD is back wrestling with 1.30 again, seemingly unable to avoid its gravitational pull, whilst EURUSD found support with price moving highe... Read More >
A long way to fall
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Yesterday, the continued blood-letting on GBP pairs resumed, with GBPEUR falling by another -1.15% and GBPUSD by -1.50% , with both opening low... Read More >
The UK’s double trouble
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It was the same story for GBP traders yesterday, with losses across the board against major currencies. Sterling saw a near 0.8% drop against t... Read More >