Market Update
Sterling edged above $1.37 ahead of comments from Federal Reserve Chair Jerome Powell, while Britain’s COVID-19 vaccine rollout also offered support to the pound. Expectations of a large U.S. fiscal […]
Market Update
Sterling fell to its lowest in a week against the dollar and traded near one-week lows against the euro as more subdued risk sentiment across broader asset markets weighed on […]
Market Update
Sterling has continued its climb against both EUR & USD over the past 48 hours due mainly to December Inflation figures beating expectations for both Yearly & Monthly figures. The […]
Market Update
UK PM Boris Johnson is expected to announce a new three-tier lockdown system later today in a further effort to stem the spread of Covid-19. The new system will allow […]
Market Update
The British pound rose more than 1% yesterday on hopes that Britain could secure a Brexit trade deal with the European Union by October or at least avoid a cliff-edge […]
Market Update
With latest reports showing global cases rising above the 30 million mark, prompting the WHO to warn that renewed increases in Europe are a “wake-up call”, the prospect of further […]
Market Update
The Bank of England is expected to signal that it is getting ready to pump yet more stimulus into Britain’s economy as it heads for a jump in unemployment and […]
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
The pound fell against the dollar and euro overnight before steadying, with the dollar lifted by a bleak economic outlook from the Federal Reserve, and Brexit and the risk of […]
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 […]