Market Update
To start the morning off Q4 GDP YoY for the UK came in at 6.6% vs expectations of 6.5% boosting the pound against both the euro and dollar. Newfound optimism […]
Market Update
GBP/USD has continued its recovery this week for the third consecutive day reaching 1.3960 this morning, gaining more momentum off the back of yesterdays announcement for The U.S. that Biden’s […]
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
Yesterday we saw continued strength in GBP as it hit 1.42 against the USD, levels not seen since April 2018 and touching a 1 year high against the Euro at […]
Market Update
GBP has fallen this morning against major currencies off the back of comments from Boris Johnson yesterday that seem to suggest the current lockdown in The United Kingdom will be […]
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 extended gains this morning and appears set for another push higher as traders waited confirmation that Britain and the European Union had finally clinched a deal to govern their […]
Market Update
Positive soundings from the European Union on Brexit talks helped lift the British pound above $1.35 and to its highest level against the dollar since May 2018. The EU’s chief […]
Market Update
Sterling kept overnight gains against the dollar and the euro, as talks for a post-Brexit trade deal between Britain and the European Union were set to continue after the two […]
Market Update
Sterling fell further this morning and implied volatility surged as markets increasingly price the risk of the UK crashing out of the European Union at the end of the month […]