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Category: GBP

Market Update

The Bank of England (BoE) policymakers voted unanimously to leave interest rates unchanged at 0.75%. However, the bank slashed its growth forecasts amid the growing risk of a no-deal Brexit. […]

Sterling Slips To 30 Month Lows

The dollar rose to a two-year peak against the euro as U.S. Federal Reserve Chairman Jerome Powell ruled out a lengthy easing cycle after delivering the first rate cut since […]

Sterling Steadies After Week Of Big Losses

Sterling, which has tumbled for the whole week as investors rushed to factor in the possibility of Britain leaving the European Union without transition trade arrangements in place, has gained […]

Sterling Crashes

Sterling crashed to 2-1/2 year lows this morning and fell towards the $1.21 mark versus the dollar as the growing likelihood of a disorderly Brexit led investors to hedge or […]

Pound Hits New Lows

Sterling dropped to another low this morning, hitting its weakest since March 2017 as investors grow increasingly worried that Britain is headed towards a disorderly exit from the European Union […]

Market Update

The dollar stayed near a two-week high versus on Friday as investors pared expectations for aggressive Federal Reserve interest rate cuts ahead of key U.S. economic data later in the […]

Boris Names His Brexit Dominated Seniors

Prime Minister Boris Johnson will meet his Brexiteer-dominated team of senior ministers for the first time today to plot how to persuade the European Union to agree to a new […]

Markets Await Johnson Speech Later Today

Sterling inched slightly higher this morning against the dollar and euro after losses in recent days but options markets indicate more pain ahead as the risk of a no-deal Brexit […]

Dollar Strengthens As Sterling Drops Off

The dollar edged to a two-week high versus its rivals this morning after U.S. President Donald Trump and congressional leaders reached a deal on Monday on a two-year extension of […]

Market Updates

The Pound continues to weaken against the Euro on a daily basis, we have never seen this type of losing trend for the currency pair since records began. We saw […]

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