Market Update
USD strength has been the main theme of the week, with focus solely on preparation for The Fed Reserve to begin tapering in November. Initial concerns were raised around tapering […]
Market Update
The Pound commenced last week much higher against the Euro & US Dollar due to Bank of England’s hint of an interest rate hike. However, the pound has fallen against […]
Market Update
Yesterday morning we saw GBP edge up slightly across the major currencies with inflation hitting more than a nine year high, which led to further expectation for The Bank of […]
Market Update
The British pound rebounded this morning but was off the highs touched yesterday, after data showed British inflation hit a more than nine-year high last month, fuelling expectations the Bank […]
Market Update
GBP is set to at least hold it’s value throughout July with the freedom day of July 19th set to go ahead after being given the green light from Boris […]
Market Update
The pound has steadied against major currencies this morning after hitting a week’s high against the dollar and a 12-day high against the euro this week as Britain set out […]
Market Update
The pound dropped off this morning after Bank of England Governor Andrew Bailey warned against over-reaction to rising inflation in Britain. Bailey said in his annual Mansion House speech that […]
Market Update
We saw some more cause for optimism for The UK’s road to recovery out of the current pandemic with GDP figures showing that The UK’s economy grew stronger than expected […]
Market Update
The Pound remains on track to continue its climb higher against The Euro and USD after a relatively well received budget for 2021 as well as the ever-progressing vaccine roll-out. […]
Market Update
Sterling hit a 10-month high against the euro as investors bet Britain’s COVID-19 vaccinations would help its coronavirus-battered economy reopen quickly and recover from its biggest hit in 300 years. […]