Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Currency, Dollar, EUR, GBP, Sterling, UK, Uncategorised
- September 2, 2021
- No Comments
UK house prices rose 11% against last Augusts figures, climbing closer to Pre-Pandemic levels, bringing some levels of positivity for The UK’s economic recovery. It is thought that although The Stamp Duty Holiday came to an end for higher bracket priced houses back in June, houses falling under the £250,000 or less bracket was the […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Economy, EUR, Fed, GBP, Sterling, UK, Uncategorised
- August 26, 2021
- No Comments
The last few days have been extremely volatile for The U.S Dollar as we move into The Jackson Hole Summit with all eyes on what The Fed Reserve will mention regarding possible Rate Hikes and any Quantitive Easing measures moving forward. Over the past week we’ve seen USD gain momentum against both EUR & GBP […]
READ MORE
Market Update
- Posted by currencies in Brexit, coronavirus, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- July 21, 2021
- No Comments
Sterling edged lower this morning and was set for its fifth consecutive daily decline versus the dollar and Euro amid rising numbers of COVID Delta variant cases in Britain and confusion around the lifting of restriction in England. The government said that while cases are rising, hospitalisations and deaths remained low. Confusion on the removal […]
READ MORE
Market Update
- Posted by currencies in Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- July 7, 2021
- No Comments
The pound has steadied against major currencies this morning after hitting a week’s high against the dollar and a 12-day high against the euro this week as Britain set out reopening plans following the COVID-19 pandemic. Sterling had found support this week on British Prime Minister Boris Johnson’s plans to COVID-19 restrictions in England in […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Sterling, UK, Uncategorised
- July 5, 2021
- No Comments
The pound nudged higher this morning with the British government expected to announce it will proceed with plans to fully reopen the economy later this month despite a surge in COVID-19 cases. After falling to its lowest level since mid-April at $1.3733 last week, the pound was 0.1% higher against the dollar at $1.3852 by […]
READ MORE
Market Update
- Posted by currencies in Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- June 30, 2021
- No Comments
The British pound is slightly lower this morning as investors waited to hear whether Britain and European Union will agree to extend an exemption on customs checks on chilled meat shipments to Northern Ireland. The current grace period waiving checks on British-made sausages and other chilled meats moving to Northern Ireland is due to end […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Prime Minister, Sterling, UK, Uncategorised
- May 27, 2021
- No Comments
The UK’s economic recovery has recently been overshadowed by new Covid variants leading to a rise in infections, with a daily high of 3,000 cases for the first time since Mid-April. Prompting questions over the further easing of government restrictions on June 21st. UK inflation beat expectations in April, improving by 1.5% largely due to […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Dollar, Economy, EUR, Fed, GBP, Prime Minister, Sterling, UK, Uncategorised
- May 17, 2021
- No Comments
Over the last week we have seen Sterling exchange rates continue to rise against the Euro & Dollar as the UK plans to move to the next stage of reopening on 17th May- which will see many more businesses able to reopen which we am sure is music to all of our ears! It also […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Sterling, UK, Uncategorised
- April 29, 2021
- No Comments
This week has been a quiet week on the economic front for Sterling, however the positive outlook for The UK keeps improving with Covid cases and deaths continuing to drop due to the steady vaccination rollout. This sentiment was further strengthened with the announcement that The UK has secured an extra 60 million Pfizer doses […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- April 23, 2021
- No Comments
UK Consumer confidence for the UK has reached its peak since Covid-19 restriction have been put in place. Following suit, consumer spending has now breached pre-pandemic levels. Will this economy continue to rebound? Retail footfall, namely public transport, pubs, restaurants have recovered over the past couple of weeks which could continue to recover further as […]
READ MORE
