More of the same for sterling
Good morning,
Although GBP movements weren’t as vast as yesterday, they were still significant as sterling dropped below key levels of 1.39 and 1.17 against ... Read More >
Economic updates
MPC to set the course for the pound
Good morning,
The pound had a great week just gone, gaining against most major currencies throughout the course of the week. Despite Friday seeing the exchan... Read More >
Sterling takes the markets by storm
Good morning,
Yesterday saw the GBP/USD rate storm through the key resistance level of 1.39, trading at month long highs of 1.3980. The dollar took yet anoth... Read More >
Fed meeting puts damper on sterling
Good morning,
The pound continues on its stellar run, with Covid cases continuing to fall. They have decreased every day for the past week, a fact that will ... Read More >
Pound makes hay while the sun shines
Good morning,
As Covid cases in the UK fell for a sixth consecutive day, the pound continued it’s advance against most of it’s major rivals.
The key level... Read More >
The Fed moves into focus
Good morning,
As written about in yesterday’s update, Covid cases have been falling since England abolished all restrictions Monday last week. Yesterday, the... Read More >
Covid concerns continue
Good morning,
Last week markets plunged on Covid concerns, with GBPUSD dropping to its lowest level since February - this was however reversed towards the en... Read More >
ECB takes headlines
Good morning,
All eyes were firmly focused on the European Central Bank yesterday with ECB President Christine Lagarde delivering her remarks on the current ... Read More >
Delta variant troubles the pound
Good afternoon,
Sterling had another tough session yesterday with GBPUSD falling to five-and-half-month lows. A surge in infections in the UK caused largely ... Read More >
Delta variant causing global fears
Good morning,
GBP had a third consecutive day of losses against the USD with yesterday being the largest, dropping around 0.75% to 1.3675, the lowest level s... Read More >