BOE to weigh in on Brexit plans
Good morning,
GBP: May not yet challenged
Sterling has done little in the past 24hrs as all sides of the Brexit argument feel each other out with a little bit... Read More >
BOE
What the latest Bank of England meeting means for the pound
We are still picking through the tea leaves of Thursday’s Bank of England meeting but the reaction in sterling markets was hardly circumspect and has left us ha... Read More >
ECB and US jobs shockwaves felt prior to BOE’s Inflation Report
Sterling really isn't a master of its own destiny at the moment, with movements on its major crosses dependent on the stream of developments emerging from both ... Read More >
Sterling Redemption Underway – World First – Sterling Update – 1st June 2009
“Our greatest glory is not in never falling, but rising every time we fall”. Perhaps sterling took some inspiration from Confucius, China’s famous ancient philo... Read More >
Something in the Air? – World First – Sterling Update – 5th May 2009
Good Afternoon,
Something in the Air?
Since records began in 1929, the recent month was the warmest April ever recorded, while the March just gone was the thi... Read More >
Euro suffers as Congress stalls – World First’s Sterling Update – 9th February
A proactive stance by the BoE lifted the pound to its highest level of the year against the Euro, and returned it from the brink of disaster against the dollar.... Read More >
Bank of England Rate Announcement; A Market Waits
Bishop John M Allin once said 'being head of the Church is like putting together a jigsaw puzzle while riding on a roller coaster'. Now he knows how we feel; th... Read More >
Risk Aversion Rules Once Again
BOE minutes yesterday revealed that the recent monthly meeting which resulted in a 150bp cut was a unanimous decision; a result that was largely priced into the... Read More >
Interest Rates Slashed As Recession Looms
An unprecedented move by central banks around the world was unable to solidify sterling yesterday as the pound suffered heavily against the dollar and euro. Cen... Read More >
Fears over Bail Out Continue
The testimonies of Ben Bernanke and Hank Paulson did little to embolden markets yesterday as fears over the long term economic implications of the bail-out pack... Read More >