Market Update
UK Wednesday saw the release of Inflation data for March in The UK. The figures although up from February’s 0.4% due to an increase in the cost of fuel, transport […]
Market Update
The British Pound came under pressure against the Euro this morning; declining more than 2% in April alone. However, a still-positive technical setup and solid underlying fundamentals which could encourage […]
Market Update
The UK economy saw a return to growth in February despite still being in lockdown with businesses preparing to open up again, as well as exports to The EU showing […]
Market Update
The Pound remains on track to continue its climb higher against The Euro and USD after a relatively well received budget for 2021 as well as the ever-progressing vaccine roll-out. […]
Market Update
Yesterday we saw continued strength in GBP as it hit 1.42 against the USD, levels not seen since April 2018 and touching a 1 year high against the Euro at […]
Market Update
Sterling jumped above $1.42 on Wednesday, coming within touching distance of $1.43, while also reaching a year’s high against the euro as analysts retained their bullish views on the currency. […]
Market Update
Sterling hit a 10-month high against the euro as investors bet Britain’s COVID-19 vaccinations would help its coronavirus-battered economy reopen quickly and recover from its biggest hit in 300 years. […]
Market Update
The Bank of England has opted to not cut interest rates into negative territory and has done so with a unanimous vote of the Monetary Policy Committee (MPC). The initial […]
Market Update
All eyes are on the Bank of England today, as GBP weakens slightly with the upcoming decision on Interest Rates expected at Midday. GBP has dropped off slightly showing some […]
Market Update
The British pound rose back towards its recent three-year high, boosted by a combination of heightened global risk appetite and optimism about the UK’s vaccine rollout. Riskier currencies gained against […]