Market Updates
The Pound continues to weaken against the Euro on a daily basis, we have never seen this type of losing trend for the currency pair since records began. We saw […]
Dollar Weakens After Powell Comments
The dollar fell to a five-day low this morning after Federal Reserve Chair Jerome Powell kept the door open for U.S. interest rate cuts, though investors were wary of selling […]
Continuing Trend – Pound Drops Further
The British pound fell further this morning amid worries about the threat of a no-deal Brexit under the next prime minister and a deteriorating UK economy. In the latest sign […]
Sterling Predictions
Sterling would rally substantially if Britain leaves the European Union with a deal but weaken further if no we leave without. After suffering its biggest loss against the euro in […]
Worst UK Construction Data In 10 Months
Sterling fell to a two-week low versus the dollar as a broadly resurgent dollar sapped appetite for the British currency after the United States and China agreed at a G20 […]
GBP Hits 10 Day Low Vs USD
Sterling fell on Monday to a 10-day low against the stronger dollar after the United States and China agreed at the G20 summit in Japan to restart trade talks. The […]
Market Update
Bank of England Governor Mark Carney said the BoE would only factor the possibility of a no-deal Brexit into its economic forecasts if Britain’s next prime minister decides to leave […]
Dollar Gains After Fed Comments
The dollar this morning as expectations dwindled for aggressive cuts in U.S. interest rates after comments by Federal Reserve officials. Fed Chairman Jerome Powell stressed the central bank’s independence from […]
Analysts Expect Pound Could Drop To 1.08 By Year End
The pound will tumble to levels not seen since 2017 against the euro as Brexit turmoil outweighs a dovish European Central Bank, according to analysts. Sterling is likely to slide […]
Theresa May Quits
British Prime Minister Theresa May said in a statement that she resigns, triggering a contest that will bring a new leader to power who is likely to push for a […]