Market Update

The spread of the coronavirus and the extreme measures taken to control the pandemic have wrought havoc in financial markets worldwide. In currency markets, the reaction has been a headlong […]

GBP Extends Losses

GBP had a mixed day Tuesday, extending losses against the USD to hit the lowest level since September 2019 after Trump oversaw a commitment to pledge $850 billion to support […]

US Slash Rates To Near Zero

Ahead of the open of Asian markets late last night, the US Federal Reserve slashed interest rates by 100bp, taking the target range for the benchmark rate to 0-0.25%. Alongside, […]

Market Update

Oil prices fell by around 30% over the weekend, due to the ongoing disagreement between Russia and Saudi Arabia over the production of oil as lower prices have begun to […]

Market Update

GBP conceded its fourth consecutive weekly loss against the EUR last week due to a combination of pessimistic Brexit Talks and increasing concerns surrounding the Coronavirus. The EUR has been […]