Market Update

Sterling fell this morning after Britain’s lower house of parliament approved legislation on Tuesday that gives ministers the power to break its divorce agreement with the European Union. The UK […]

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

Britain may be heading for a no-deal Brexit in three months, but among traders in London the feeling so far is one of deja vu rather than a panicky rush […]

Market Update

Sterling had a turnaround of fortunes towards the end of the European session on Wednesday, rising as much as 0.6% against a weaker euro, with investors seeing some room for […]

Market Update

Sterling hovered near two-month lows as British Prime Minister Boris Johnson unveiled long-lasting restrictions to tackle a second wave of the coronavirus. New measures, which included extending the use of […]

Market Update

Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The pound slipped to […]

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

Britain’s economy grew for a third month in a row in July as pubs, restaurants and other sectors reopened after the coronavirus lockdown, but it remained around 12% smaller than […]

Market Update

Sterling hit a six-week low below $1.29 before bouncing back above $1.30 as Britain unveiled draft legislation for post-Brexit life, stoking concern that trade talks with the European Union could […]