Coronavirus fears plague the Eurozone
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Over the weekend, the Italian government shut down the annual Venice carnival as Europe suffered its worst outbreak of Coronavirus to date. So ... Read More >
Economic updates
Round two for UK data
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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 >
Retail data set to dictate pace
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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
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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?
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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
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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 >