Market Updates
The Pound continues to weaken against the Euro on a daily basis, we have never seen this type of losing trend for the currency pair since records began. We saw […]
Dollar Weakens After Powell Comments
The dollar fell to a five-day low this morning after Federal Reserve Chair Jerome Powell kept the door open for U.S. interest rate cuts, though investors were wary of selling […]
Sterling Hits 2 Year Low
Sterling fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a no-deal Brexit and a […]
Worst UK Construction Data In 10 Months
Sterling fell to a two-week low versus the dollar as a broadly resurgent dollar sapped appetite for the British currency after the United States and China agreed at a G20 […]
Market Update
Bank of England Governor Mark Carney said the BoE would only factor the possibility of a no-deal Brexit into its economic forecasts if Britain’s next prime minister decides to leave […]
Dollar Gains After Fed Comments
The dollar this morning as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials. Fed Chairman Jerome Powell stressed the central bank’s independence from […]
Pound Drops 14th Day In A Row
Sterling plunged again in early London trading this morning as pressure mounted on Prime Minister Theresa May to name a date for her departure. The British currency has been falling […]
PM Could Resign This Weekend
Pound Sterling hit its lowest level since a January flash crash today as Prime Minister Theresa May’s last-ditch Brexit plan failed to win over either opposition lawmakers or many in […]
Sterling/Dollar Below 1.27
Sterling fell below $1.27 for the first time since mid-January, battered by dollar strength and expectations that Prime Minister Theresa May will fail to persuade cabinet colleagues to back an […]
Pound Volatility Continues Over Brexit
The pound remained near a two-week low this morning, and investors said more losses were likely if Prime Minister Theresa May’s proposed Brexit deal gets voted down again next month. […]