Sterling Gains on Lower Inflation
Pound Sterling has had a bit of a reprieve this morning with December Inflation figures coming in surprisingly lower than initial forecasts had predicted. Inflation was expected to hit 2.6% […]
Sterling finishes the week on a downbeat note after disappointing UK GDP figures
Sterling ended the week on a pretty negative note following weak UK GDP data with GBPEUR falling to 1.20, and GBPUSD falling to 1.26. The biggest concern with the data […]
President Macron commits to appointing a PM to pass the next budget
Last week French politics took the spotlight with a vote of no confidence resulting in the current Government being dissolved. Upon PM Barniner’s exit, there has been much positive movement […]
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 […]