Pressure on the pound
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More of the same this morning so far following on from yesterday’s update, where the pound is taking losses against the euro. Sterling is now l... Read More >
Sterling
Sterling starts strong
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Sterling has started the new week on the front foot against the US dollar and even broke through the 1.20 barrier against the euro during Asi... Read More >
Political jitters stall GBP gains
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Since the fresh highs of 1.3749 hit last Thursday, sterling has gone through two consecutive days of losses against USD. At the time of writing... Read More >
Sterling Facing Head Wind
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Sterling is currently facing headwind on more than one front. We have the MPC meeting this week on Thursday where market participants will be l... Read More >
BoE hawk Saunders wants more information
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The pound had another difficult session on Friday after Bank of England policymaker Michael Saunders, who voted for an interest rate hike last ... Read More >
Sterling at yearly lows against US dollar
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The pound fell marginally against its peers during yesterday’s session. Sterling remains close to a 2021 low against the dollar, supported by... Read More >
Caution urged on reopening day
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England wakes up this morning to all restrictions which are related to Covid being removed. Despite Boris Johnson urging caution to the publi... Read More >
UK prepares for its ‘big bang’
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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 >
Sterling fights back
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The pound is fighting back this morning with GBPUSD trading around 1.3850, benefiting from Prime Minister Boris Johnson's stance on removing re... Read More >
Sterling pressure to continue
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Earlier this week Sajid Javid struck a firm tone about lifting restrictions on 19th of July, despite cases being on the rise.
The news didn’... Read More >