Sterling Slides as UK Bond Yields Hit 25-Year Highs
Sterling opens in red to both EUR and USD this morning with mounting concerns for the government and their bond yields. Yield levels reaching its highest level since 1998 of […]
Sterling Strengthens as French Political Crisis Deepens
Renewed French political crisis has allowed for further Sterling gains against the Euro as French prime minister is set to fall on the 8th of September once confidence vote takes place […]
UK Inflation Surges to 3.8% as BoE Faces Mounting Pressure
UK Inflation has come out hotter than expected, climbing to 3.8% against expectations of 3.7%. Services inflation climbed to 5% which will be of a concern to The Bank of […]
Sterling Strengthens as UK GDP Beats Expectations
UK GDP has provided Sterling with further support as the economy rebounded in June. Figures show the economy grew by 0.4% month-on-month, crucially bringing a halt to a run of […]
UK GDP Contracts Again: Pressure Mounts on BoE as Growth Falters
We noticed a second consecutive contraction for economic growth in the UK this morning. After a sharp fall back in April of -0.3%, forecast suggested an uplift of 0.1% in […]
Sterling Holds Firm While Euro Struggles Amid Global Uncertainty
This week is set to be another volatile one in the financial markets. Following the recent passage of President Trump’s significant tax bill, markets now find themselves in an intriguing […]
Sterling Slips Amid UK Economic Uncertainty & Market Focus on US Jobs Data
Pound Sterling has fallen against both the Euro and US Dollar over the past 24 hours as markets have digested what seems to be a lack of confidence from investors […]
UK Housing Prices Fall While GBP Strengthens Amid Mixed Global Signals
UK housing prices fell by 0.8% in June, its largest drop in two years. Experts within the market did calm down speculations concerning the movement for the UK housing market. […]
USD Under Pressure as EUR and GBP Approach 4-Year Highs
It’s been a volatile week for the currency markets, especially for USD-pairs. With a combination of economic data and geopolitical risks have shifted the USD against EUR and GBP into […]
Dollar Hits 3-Year Low Amid Trump vs. Powell Rate Clash
The US Dollar has slipped to more than a 3-year low as Donald Trump has doubled down on his calls for lower interest rates, criticising Fed Chairman Jerome Powell in […]