Daily update

Sterling was one of the best performing currencies on Friday as risk appetite continued to rally however the weekend has not been kind. A Moody's downgrade of B... Read More >

George Bernard Shaw once famously commented that “England and America are two countries separated by a common language”.  Jokes aside, this is pretty accurate o... Read More >

Cor blimey, it's all happening now! The past 24 hours have seen a Fed decision, a US economic stimulus package jump a hurdle in Congress, the IMF bash the UK an... Read More >

Overnight gains on global stock indices and the belief that credit markets are starting to loosen up underlined a strong day for risky assets this morning, ster... Read More >

Finally the UK banking sector has found a soupcon of a silver lining to the cloud it's been sat under for the past week and allowed sterling to haul its way bac... Read More >

If the FX markets were a boxing match, sterling's corner would have thrown in the towel and would be in the process of peeling their man off of the canvas such ... Read More >

Sterling continues to trade in the doldrums, listlessly waiting for some data or sentiment to sway it one way or tother. It has however been unable to take adva... Read More >

1985 was the year of the Heysel disaster, the Rainbow Warrior sinking and the release of Tetris. It was also the last time that GBP was this weak against the US... Read More >

Sterling continued to trade at 8 year lows against the dollar overnight as risk aversion, fears over British and Irish banks and bearish prognostications from M... Read More >