Market Update

Sterling jumped above $1.42 on Wednesday, coming within touching distance of $1.43, while also reaching a year’s high against the euro as analysts retained their bullish views on the currency. […]

Market Update

The UK’s covid-19 vaccination plan continues at a great pace and is likely to hit the government’s target of 15 million first doses by February 15. The impressive pace of […]

Market Update

All eyes are on the Bank of England today, as GBP weakens slightly with the upcoming decision on Interest Rates expected at Midday. GBP has dropped off slightly showing some […]

Market Update

The British pound rose back towards its recent three-year high, boosted by a combination of heightened global risk appetite and optimism about the UK’s vaccine rollout. Riskier currencies gained against […]

Market Update

Sterling endured a setback towards the middle of the week but then recovered through Thursday as currencies reacted to the ups and downs in global equity and commodity markets, confirming the growing importance of […]

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 fell to its lowest in a week against the dollar and traded near one-week lows against the euro as more subdued risk sentiment across broader asset markets weighed on […]

Market Update

Sterling has continued its climb against both EUR & USD over the past 48 hours due mainly to December Inflation figures beating expectations for both Yearly & Monthly figures. The […]

Market Update

Sterling exchange rates ended lower against the Euro and Dollar on Friday after a few days of strength against most G10 currencies. The reason for the initial strength last week […]