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Market Update

Britain’s economy stumbled out of its coronavirus-induced slump in May, casting doubt on the chances of a rapid rebound and suggesting more government help to kickstart recovery may be on […]

Market Update

Sterling dipped against the dollar and euro as some investors braced for a larger-than-expected increase in the Bank of England’s quantitative easing programme to combat the economic fallout of the […]

Britain’s economy shrank by a record 5.8%

Britain’s economy shrank by a record 5.8% in March from February as the coronavirus crisis escalated and the government ordered a shutdown of much of the country to stop the […]

Market Update

The pound slipped this morning, falling back from its monthly highs against the dollar and euro, after a dire global economic forecast from the International Monetary Fund diminished risk appetite […]

Market Update

Sterling rose to one-month highs versus the dollar and euro today, as hopes lockdowns may be slowing the spread of the coronavirus pandemic strengthened currencies seen as riskier bets. The […]

Market Update

The latest statistics suggested a slowdown in the rate of covid-19 fatalities. FX has seen a more muted reaction, with most of the G10 currencies within 0.50% of Friday’s close. […]

Sterling Rebounds

Sterling is on track for its biggest daily gain in three years, rebounding more than 2% as grim U.S. unemployment data weakened the dollar across the board. The pound is […]

Market Update

The US Senate voted unanimously to approve to $2 trillion stimulus package to combat the economic impact of Covid-19. It includes business loans and direct payments to individuals. The House […]

Market Update

Sterling recovered ground against USD yesterday increasing by just under 2% to trade at 1.1889. This improvement in fortunes was owed to a very positive release for UK Manufacturing in […]

Market Update

On Monday, ahead of opening, the US federal reserve announced its largest-ever quantitative easing programme. Just eight days ago, they announced that they would pump an additional $700bn into the […]

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