Sterling Holds Recent Gains Ahead of Key UK Data

Sterling starts the week following gains against both the Euro and Dollar, with GBP/EUR trading around 1.1850 and GBP/USD close to 1.33. However, the Euro has weakened this morning following […]

GBP/USD Ends Session Volatile

The pound had a choppy session against the dollar on Thursday, dipping to a six-day low before recovering as swings in the bond market drove the moves. With little UK […]

US Dollar Hits 18 Month High

The US Dollar has climbed to a near 18-month high off the back of The Federal Reserve meeting minutes last night, with most Fed members seemingly backing another interest rate […]

The Pound Finished The Week Strong

Last week marked the end of Q3 and the beginning of the final quarter of the year, and we saw a fair amount of volatility across both Sterling and US […]

Pound Continues To Extend Gains

The pound had a strong week against the euro, climbing to around 1.1741 — its highest in about two and a half months. Most of the move came from euro […]

UK House Price growth slowed to a nine-month low

U.S 30-year bonds climbed to 5.63% yesterday, touching its highest levels since 2022, mainly driven by August’s consumer spending growing at its fastest pace in over a year. This data […]

UK Growth and US Data in Focus

UK GDP figures this morning showed the British economy grew by 0.5% in the second quarter, mainly due to stronger services activity as well exports influencing a drive in growth. […]

Sterling Faces Growing Budget Uncertainty

As we head into October, I think the biggest domestic risk facing Sterling over the next month is becoming fairly clear: the UK Budget on 28 October. The Pound has […]