A rebound in the EUR against both the GBP and USD
Yesterday we did see a bounce back for the EUR against GBP and USD, with the latter seeing movements of up to 0.7% in favour for the EUR. After a […]
Euro has continued to be under pressure ahead of the no-confidence vote against the French Prime Minister
This morning The Euro has continued to be under pressure ahead of the no-confidence vote against the French Prime Minister Michel Barnier. Lawmakers are set to begin debating the social […]
France votes against Prime Minister Michel Barnier’s budget
France voted against prime minister Michel Barnier’s budget yesterday – now leaving months of political uncertainty again. It’s not the first time this year we have seen political chaos in […]
German confidence vote set to take place on January 15th next year
Earlier this morning we saw economic sentiment and consumer confidence for Europe both fare slightly worse again than previous, which shouldn’t come as a surprise when considering the economic difficulties […]
Sterling finishes the week lower across the board
On Friday UK GDP numbers showed that growth in the UK had slowed down to just 0.1% by September, which has had an instant negative impact on Sterling exchange rates. […]
GBP/EUR reaches a 2.5 year high
GBP/EUR reached a 2.5 year high yesterday breaking above the 1.21 mark, 1.2103 to be exact. Recent development in Germany is causing politic uncertainty, with a vote of confidence for […]
Elections & Central Banks In Focus This Week
Following the bond sell off’s last week after the Chancellor’s Autumn budget, the Pound has managed to steady itself going into the new week, as it seems Gilt investors are […]
Pound Sterling drops by roughly 1% against both Euro and US Dollar
The fallout from The UK budget earlier this week has seen Pound Sterling drop by roughly 1% against both The Euro and US Dollar as the biggest tax rises in […]
The awaited UK autumn budget finally announced
The awaited UK autumn budget was finally announced yesterday. What a couple of weeks back looked to potentially become an eventful day for markets – in the end was treated […]
Pound Sterling remains elevated against its major currency peers
All eyes are on the budget, and we’ve seen Pound Sterling remain elevated against its major currency peers as the markets are choosing to focus on potential positives to be […]