Market Update
Britain’s economy grew for a third month in a row in July as pubs, restaurants and other sectors reopened after the coronavirus lockdown, but it remained around 12% smaller than […]
Market Update
Sterling hit a six-week low below $1.29 before bouncing back above $1.30 as Britain unveiled draft legislation for post-Brexit life, stoking concern that trade talks with the European Union could […]
Market Update
Upcoming jobs data out of the United Kingdom could spark a reversal in GBP/USD rates, should the unemployment rate in June exceed the consensus forecast 4.2%. This economic data may […]
Market Update
Sterling edged lower erasing earlier gains as the U.S. dollar moved briefly higher, while fears of a second wave of virus infections and a Bank of England policy meeting later […]
Market Update
The pound inched slightly higher this morning as investors turned their attention to U.S. Federal Reserve and European Central Bank meetings this week at which officials are expected to provide […]
Market Update
The pound slipped this morning, falling back from its monthly highs against the dollar and euro, after a dire global economic forecast from the International Monetary Fund diminished risk appetite […]
Market Update
British Prime Minister Boris Johnson spent a second night in intensive care and was in a stable condition after receiving oxygen support for COVID-19 complications while his foreign minister directs […]
Market Update
Sterling rallied with a broad rebound in risk markets encouraging some selling of the dollar, while traders awaited news on British Prime Minister Boris Johnson, who is fighting worsening coronavirus […]
Market Update
The latest statistics suggested a slowdown in the rate of covid-19 fatalities. FX has seen a more muted reaction, with most of the G10 currencies within 0.50% of Friday’s close. […]
Market Update
Sterling has recovered from considerable losses that it suffered from earlier in the month which coincided with the global effect that COVID-19 has placed on the world’s economy. With the […]