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 >
Daily update
Daily Update
Sterling takes the markets by storm
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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
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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
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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
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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
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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
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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 >
Caution urged on reopening day
Good afternoon,
England wakes up this morning to all restrictions which are related to Covid being removed. Despite Boris Johnson urging caution to the publi... Read More >