Fed slashes to zero
In the early hours of this morning, the Federal Bank in America took historic action to slash interest rates to 0%, setting the scene for one of the most volati... Read More >
European Central Bank
Round two for UK data
Good morning,
As mentioned yesterday, sterling’s chances of more prolonged gains above the 1.2000 mark against the Euro would depend on a double-whammy of da... Read More >
Number 10 power grab sends pound soaring
Good morning,
Just as it seemed that sterling gains were skewed towards overwhelming Euro weakness; politics intervenes to make things that little bit more i... Read More >
ECB civil war prompts sell-off
Good morning,
Over the course of yesterday’s European trading session, the pound pushed above the 1.1900 handle on GBPEUR for the first time since 16th of De... Read More >
Business and the Bank
Good morning,
As mentioned in yesterday’s article ‘Sterling’s chances at 60/40’, the percentage chance of a Bank of England interest rate cut would determine... Read More >
A big week for 2019
Good morning,
Today sees the start of a hugely important week, geared towards concluding the key currency topics that have prevailed throughout 2019.
Thin... Read More >
A big data day ahead
Good morning,
Today will see the release of a slew of economic and central bank releases globally; starting with the UK at 09:30, Europe at 10:00 and then fi... Read More >
A lively euro and a timid dollar
Good morning,
We end the week following a choppy day yesterday with the European Central Bank not failing to deliver the expected volatility mentioned yester... Read More >
Johnson loses the House
Good morning,
Following the roller coaster of volatility the pound saw yesterday, we open this morning supported above the key levels of 1.21 on the dollar a... Read More >
A New Golden Age
Good morning,
Today is a largely data quiet day, with digesting yesterday's ECB meeting policy changes and the first statement as Prime Minister by Boris Joh... Read More >