All eyes on the Bank of England
Good morning,
GBP had a third consecutive day of recovery against the USD and briefly went through the 1.40 barrier, but swiftly retreated to 1.3950. Against... Read More >
Economic updates
EU patience wearing thin
Good morning,
Yesterday saw the pound steady itself against the US dollar above the 1.3900 mark, finding its feet just under 1.3950. The delay in lockdown en... Read More >
Not so smooth sailing for sterling
Good morning,
Following a change in tack from the Federal Reserve and mention of a more hawkish approach to their fiscal policy, last week saw some significa... Read More >
A new week
Good morning,
A slow start to the data calendar this week means the pound is still meandering along the course which was set by the Federal Reserve last week... Read More >
Super Thursday in focus
Good morning,
The Bank of England Chief Economist Andy Haldane held a positive and optimistic tone on Thursday regarding the UK economy. Haldane asserted tha... Read More >
Shift in stance
Good afternoon,
The Federal Open Market Committee met yesterday and took a surprising shift in tone. Previously very dovish and vowing to keep rates low thro... Read More >
UK inflation back above BoE target
Good afternoon,
Sterling was off to a shaky start yesterday, dropping to a fresh 30 day low against USD. Cable slipped down to 1.4035 for the first time sinc... Read More >
A delay to Freedom Day
The verdict many analysts feared for has become a reality: The UK will have to wait one month longer than originally planned before celebrating its ‘Freedom Day... Read More >
Covid restrictions to continue in the UK?
Today is the day in which the UK Government will announced whether England will be freed of Covid restrictions, over 15 months since the pandemic started on Bri... Read More >
A strong rebound across the pond
Yesterday the GBPEUR rate fell to 1.1577 which is the lowest we have seen for a couple of weeks. The Single currency strengthened after the European Central Ban... Read More >