Market Update

Sterling remained steady this morning, it only fell slightly against the broad-based stronger dollar, after the UK said it would extend its coronavirus lockdown for at least three more weeks. […]

Market Update

The pound has steadied off this morning, slipping slightly against the dollar but holding recent gains against the euro, ahead of an expected announcement about an extension of Britain’s lockdown […]

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

Sterling rose to one-month highs versus the dollar and euro today, as hopes lockdowns may be slowing the spread of the coronavirus pandemic strengthened currencies seen as riskier bets. The […]

Market Update

The pound moved closer towards a one-week high, buoyed by a weak dollar despite data showing that Britain’s economy stagnated in the three months to February before the coronavirus crisis […]

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 […]

Market Update

Sterling finished last week gaining its biggest surge against The Dollar in over a decade, with the U.S now overtaking Spain, Italy, France & China with over 130,000 confirmed cases […]