South African Rand under pressure
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GBPUSD and its march higher has started to tail off, with prices dropping back to 1.2230 overnight. At 01:30 GMT, there was a mini flash-crash ... Read More >
Economic updates
UK downgraded
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The pound has managed to hold the gains it saw last week through the Asian trading session; overall the recovery has so far reached 9.5% agains... Read More >
The great Sterling comeback
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Over the course of yesterday's trading session, the pound mounted a monumental comeback against most majors, pushing and closing above the 1.22... Read More >
US jobless claims to reach 1 million
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The Bank of England will meet today at 12:00 GMT today, and decide on whether or not to push the already record-low interest rates further down... Read More >
A $2tn support package is agreed
Please be aware that during this unprecedented time, some of the telephone network providers are experiencing call volume issues. If your call is affected, ple... Read More >
Lockdown
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At 20:30 GMT last night, UK Prime Minister Boris Johnson followed suit with the majority of mainland Europe, by enacting sweeping lockdown laws... Read More >
Senate conflict stifles markets
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Late last night, news emerged that the US Senate had failed to find agreement on the proposed $1.4tn package aimed at helping Americans through... Read More >
Lockdown averted, rates slashed
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In the middle of the trading day yesterday, the Bank of England once again slashed interest rates - down to their lowest ever at 0.10%. The... Read More >
Cable touches a 35-year low
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Sterling dropped 5.6% against the US Dollar yesterday, briefly dropping below 1.15 and taking the total loss since the March highs to 13.3%. EU... Read More >
£330 billion and more
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Yesterday in the government’s daily Covid-19 updates from Downing Street, Chancellor Rishi Sunak took to the stage to introduce a financial pac... Read More >