Pound Sterling climbs to a new 2 year-high
Pound Sterling climbed to a new 2 year-high yesterday as it gained momentum ahead of Thursday’s European Central Bank meeting. As it stands, The European Central Bank is expected to […]
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 […]
Michel Barnier ousted as Prime Minister as he loses no-confidence vote
Last night we eventually saw Michel Barnier ousted as Prime Minister as he lost the no-confidence vote after his attempt to push through his social security policy came up against […]
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 […]
November: A very volatile month for the markets
November was a very volatile month mainly due to the U.S. presidential election and issues in the German government, we saw some big moves in FX, we have GBPEUR at […]
Focus is on the US with several Economic Data releases
Tuesday starts off with a speech from ECB (European Central Bank) member Elizabeth Mccaul at 10am. Could we hear something that will indicate a more detail plan for ECB moving […]
Sterling weaker after bad Retail Sales
Last week ended on a weaker note for Sterling following weak PMI data and weak retail sales numbers, this led to lower exchange rates against both the Euro and the […]
BoE officials dial down interest rate cuts
The message sent from Bank of England officials recently of dialling down its monetary policy (interest rate cuts) could well have been confirmed this morning. We saw UK inflation rise […]
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. […]
US Inflation beats expectations to rise
Yesterday we saw US Inflation beat expectations to rise to 2.6% in October, leaving The Federal Reserve with a debate as to whether they cut interest rates in their last […]