Market Update
Boris Johnson’s controversial Internal Markets Bill (IMB) made it through the first stage of the parliamentary process last night, with the Government winning the vote 340 to 263, the Bill […]
Market Update
The pound rose against the dollar and euro, stabilising somewhat after recent falls, as investors waited for a key Brexit vote. Sterling had its worst week in six months last […]
Market Update
Britain’s economy grew for a third month in a row in July as pubs, restaurants and other sectors reopened after the coronavirus lockdown, but it remained around 12% smaller than […]
Market Update
Sterling hit a six-week low below $1.29 before bouncing back above $1.30 as Britain unveiled draft legislation for post-Brexit life, stoking concern that trade talks with the European Union could […]
Market Update
Upcoming jobs data out of the United Kingdom could spark a reversal in GBP/USD rates, should the unemployment rate in June exceed the consensus forecast 4.2%. This economic data may […]
Market Update
Sterling edged lower erasing earlier gains as the U.S. dollar moved briefly higher, while fears of a second wave of virus infections and a Bank of England policy meeting later […]
Market Update
Sterling rose against a weaker euro but fell versus the dollar after the $1.30 level reached late in the previous session did not hold, with Brexit and the economic fallout […]
Market Update
The pound slipped this morning and data pointing to a recovery in British retail sales did little to support it, as investors focused on the lack of progress in trade […]
Market Update
The pound eased slightly in early London trade, set for its biggest weekly fall versus the dollar in a month, as uncertainty over Britain’s economy, difficult Brexit talks and a […]
Market Update
The British pound slipped as risk aversion swept through markets, boosting the safe-haven appeal of the U.S. dollar as upbeat Chinese growth data failed to lift sentiment. Against the dollar, […]