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Sterling Rebounds

GBP recovered from six-week lows to bounce back above 1.18 against the EUR and 1.30 against the USD off the back of better than expected Construction PMI for January. Positive […]

Market Update

The pound dropped to a six-week low against a broadly firmer dollar, as Prime Minister Boris Johnson’s tough stance on European Union trade talks renewed concern that a deal may […]

Sterling Falls Sharply

Sterling fell sharply this morning Boris Johnson set out tough terms for European Union talks, bringing back fears Britain would reach the end of an 11-month transition period without agreeing […]

Rate Decision At Midday

President Donald Trump’s pitch to the Federal Reserve to cut US interest rates has been denied as Interest Rates stay put. Trump believes the central bank should cut its key […]

Virus Has Impact On FX Markets

GBP weakened Tuesday morning due to increasing concerns about the spread of the deadly coronavirus and the negative impact it could have economically. This led to trades selling off GBP […]

Interest Rate Cut On Thursday – 50/50

Sterling has weakened against the Euro this morning alongside dropping to a one week low against the USD. Main reasons being the concern about Britain’s future relationship with the EU […]

Market Update

On Friday we saw the UK’s PMI data come out stronger than what traders were expecting, this has now reduced the chances of a Bank Of England interest rate cut […]

Market Update

ECB left policy and guidance unchanged at today’s meeting. the European central bank’s new President Christine Lagarde reaffirmed that the current performance of the EU economy justifies the need for […]

Rate Cut Chances Slim

Possibilities of a Bank of England interest rate cut has faded as UK Businesses show greater optimism in January. Could a cut on 30th January be too soon? The economy […]

Market Update

On Tuesday Boris Johnson suffered a fourth defeat on his Brexit Legislation after members of Parliament’s Upper Chamber voted to protect Children Refugee’s once Britain leaves the European Union. Changes […]

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