Round two for UK data
Good morning,
As mentioned yesterday, sterling’s chances of more prolonged gains above the 1.2000 mark against the Euro would depend on a double-whammy of da... Read More >
Economic updates
Retail data set to dictate pace
Good morning,
In contrast to the last few days of trading, where depleted Euro sentiment had been keeping GBPEUR above the 1.2000 watermark; today, the pound... Read More >
Pessimism remains within the Eurozone
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Sterling remained strong yesterday, surprising the market with better than expected job data. Markets were expecting around 145k new jobs; howe... Read More >
A line in the sand for Brexit
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Despite opening lower this morning, the Pound is still one of the stronger performers of 2020. During the opening of European trading, the EUR ... Read More >
GBPEUR holds above 1.20
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GBPEUR managed to solidify the gains made last week and continued to hold above the 1.20 level at the start of the Asian and into the European ... Read More >
Number 10 power grab sends pound soaring
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Just as it seemed that sterling gains were skewed towards overwhelming Euro weakness; politics intervenes to make things that little bit more i... Read More >
ECB civil war prompts sell-off
Good morning,
Over the course of yesterday’s European trading session, the pound pushed above the 1.1900 handle on GBPEUR for the first time since 16th of De... Read More >
Number 10 to loosen the purse strings?
Good morning,
The pound continued its winning streak yesterday, up nearly a cent from the beginning of this week. With Boris Johnson giving the green light t... Read More >
A big day for data
Good morning,
In what is a complete contrast to yesterday’s update, Sterling was trading as the strongest currency in FX markets by lunchtime. With every Bre... Read More >
Sterling hits choppy waters
It appears the UK has kicked off the new week with Sterling following the same rhetoric from last week. GBP is down across the board, with the key 1.29 GBPUSD l... Read More >