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22/01/2020 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 22, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. On Tuesday Boris Johnson suffered a fourth defeat on his Brexit Legislation after members of Parliament’s Upper Chamber voted to protect Children Refugee’s once Britain leaves the European Union. […]

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Market Update

On Tuesday Boris Johnson suffered a fourth defeat on his Brexit Legislation after members of Parliament’s Upper Chamber voted to protect Children Refugee’s once Britain leaves the European Union. Changes were initially made to the legislation on Monday, including the rights of EU citizens after Brexit. The Bill is due to be debated again next […]

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20/01/20 – This Morning’s Exchange Rates

  • Posted by currencies in Retail Sales
  • January 20, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Last week Retail Sales figures disappointed coming out weaker at 0.7% against the anticipated 3% rise. Large name retailers across the UK have stressed that December’s sales were the […]

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Market Update

Last week Retail Sales figures disappointed coming out weaker at 0.7% against the anticipated 3% rise. Large name retailers across the UK have stressed that December’s sales were the worst they had seen in years. Throughout last week Sterling had the worst performance out of all the major currencies. Moving onto the upcoming week it […]

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17/01/2020 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 17, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The British pound fell sharply earlier this week after a BoE policy maker said they ‘would vote for a rate cut unless economic data improved significantly’. With the weaker […]

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Market Update

The British pound fell sharply earlier this week after a BoE policy maker said they ‘would vote for a rate cut unless economic data improved significantly’. With the weaker inflation data on Wednesday the market is pricing in a 57% chance of a 25-basis point cut to rates in January. On Thursday sterling edged higher, […]

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16/01/2019 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 16, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Inflation for the UK has fallen to the lowest level since November 2016; from 1.5% to 1.3%. The Bank of England has a 2% target for inflation which is […]

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UK Inflation Dropped To Lowest Since Nov 16

Inflation for the UK has fallen to the lowest level since November 2016; from 1.5% to 1.3%. The Bank of England has a 2% target for inflation which is far from current figures. As a result of this, the chances of an interest rate cut have increased dramatically. Three Bank of England policy makers have […]

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15/01/2020 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • January 15, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. GBP has experienced continued pressure over the past 48 hours due to weak economic data ramping up the calls for the Bank of England to cut interest rates in […]

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Pound Under Pressure

GBP has experienced continued pressure over the past 48 hours due to weak economic data ramping up the calls for the Bank of England to cut interest rates in their next policy meeting. According to reports, more than half of the members of the Bank’s Monetary Policy Committee are ready to back a rate cut. […]

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