Near-term sell off for the pound
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The pound came under selling pressure in yesterday’s session, and had to give up the lofty 1.19 level against the euro. Analysts pointed at the... Read More >
PMI figures
A quiet Monday
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It was a very quiet day on the data front yesterday with sterling trading within a 30-pip range against the EUR just above the 1.1900 mark. GBP... Read More >
New highs
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GBP/EUR touched fresh yearly highs throughout Asian trading during Sunday night and Monday morning. Despite falling back slightly through the... Read More >
More of the same for sterling
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Although GBP movements weren’t as vast as yesterday, they were still significant as sterling dropped below key levels of 1.39 and 1.17 against ... Read More >
ECB takes headlines
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All eyes were firmly focused on the European Central Bank yesterday with ECB President Christine Lagarde delivering her remarks on the current ... Read More >
All eyes on the Bank of England
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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 >
Will lockdown end on June 21st?
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GBP recovered from a daily low of 1.4111 against USD but still holds below 1.42, and maintained a similar level against the EUR of 1.1605 as ev... Read More >
Market Likes Steady ECB
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Yesterday the majors sat in a fairly tight trading range as some key data points from Europe and the US were awaited. The ECB kept its monetary... Read More >
Vaccine woes halt GBP
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The pound continued to fall throughout yesterday making it two days in a row, falling to a low of 1.1551 against the EUR and 1.3726 against USD... Read More >
Dollar Dominates Headlines
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The greenback dominated headlines yesterday with both the ADP non farm payroll figure and also President Biden speaking on his economic vision ... Read More >