Market Update


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 extended until at least the 8th of March. This decision has been driven by the fact that the PM believes if the drop in cases […]

READ MORE

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 stimulus package has fuelled risk sentiment in markets in recent weeks, benefiting sterling and market participants are expecting Powell to renew a commitment to ultra-easy […]

READ MORE

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 trading relationship when the Brexit transition ends on Dec. 31. There is yet no official confirmation of a deal, but sources say a deal is […]

READ MORE

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 sides decided to extend discussions beyond the previous day’s deadline. British Prime Minister Boris Johnson and the president of the EU’s executive Commission, Ursula von […]

READ MORE

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 with no trading arrangements in place. Prime Minister Boris Johnson said there was “a strong possibility” Britain and the EU would fail to strike a […]

READ MORE

Market Update

The Brexit-battered pound extended its losses against the dollar and the euro, as investors became more cautious about the risk of Britain and the EU failing to agree on a Brexit deal, with just three weeks until the Dec. 31 deadline. The pound dropped not long after 10pm on Wednesday, when a dinner between UK […]

READ MORE

Market Update

Britain’s pound was the biggest mover in otherwise quiet trade among the G10 group of currencies, falling broadly as caution grew among investors awaiting the outcome of Brexit trade deal talks that have come down to the wire. With only three weeks to go for Britain to fully complete its exit from the European Union, […]

READ MORE

Market Update

Sterling held on to $1.34 thanks to broad dollar weakness, but derivative markets were flashing red on doubts that Britain and the European Union can strike a Brexit deal before the country’s transition out of the bloc ends in four weeks’ time. The EU’s chief Brexit negotiator told member states’ envoys on Wednesday negotiations were […]

READ MORE

Market Update

The pound was close to $1.34 for the first time in three months, and also edged up versus the euro, as market participants remained optimistic that a Brexit deal could be reached this week, despite a lack of tangible progress in negotiations. The UK left the European Union in January and is currently in a […]

READ MORE
1 2 3 8

What's Going On?

Currencies 4 You Ltd is a company registered in England and Wales (registered no. 06866898). Registered office: Regus House Victory Way Admirals Park, Crossway, Dartford, Kent, DA2 6QD. Currencies 4 You Ltd Payment and Foreign Currency Exchange Services are provided by Equals Money. Equals Money is a trading style of FairFX PLC. FairFX PLC is authorised and regulated by the Financial Conduct Authority to provide payment services. (Financial Services Register No: 488396) | Terms and Conditions | Privacy Statement | Careers