GBP-EUR hits 20-month highs
Good afternoon,
GBP jumped across the board yesterday and continued its bullish run, topping out at a massive 20 month high of 1.19 against EUR. Sterling als... Read More >
Economic Updates
GBP bounces back
Good morning,
The British pound has continued to recover losses in the last 24 hours with Q3 coming to an end. At the time of writing, GBP was up 0.6% agains... 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 >
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 >
UK prepares for its ‘big bang’
Good morning,
Markets are still digesting the news confirming the ‘big bang’ reopening of the economy and the lifting of all restrictions.
GBP has reacted... Read More >
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 >
Data back in the driver’s seat
Good morning,
The UK has taken its long-awaited next step in reopening the economy, with indoor hospitality restrictions being lifted. Fears around the so-ca... Read More >
Bank of England to ease QE programme
Good morning,
Yesterday’s MPC meeting painted a very mixed picture. Although no changes to policy were expected and interest rates are to remain where they a... Read More >
A big day for Sterling
Good morning,
The Pound had marginal gains against both the euro and dollar yesterday where it tested the key 1.16 level against the single currency. Sterlin... Read More >
Yet another masterpiece
Good morning,
All eyes were on the US Federal Reserve yesterday, as markets geared up to digest another meeting of the monetary committee. The world’s most p... Read More >