A 50bps cut by the Bank of England's MPC saw sterling rally higher as the market rewarded GBP for their proactive approach. The pound moved to 3 week highs agai... Read More >
The Bank of England announce their rate decision for February today with the market and World First expecting a 50bps cut, taking the rate to 1%. Needless to sa... Read More >
Sterling found itself rattling around in recent trading ranges yesterday with gains made against the USD up to the 1.44 level but losses against euro that saw i... Read More >
As Britain returned to work after the annoyances of yesterday's snow day market participants will find sterling in a worse position than when we left it on Frid... Read More >
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 >