UK Inflation Dropped To Lowest Since Nov 16
Inflation for the UK has fallen to the lowest level since November 2016; from 1.5% to 1.3%. The Bank of England has a 2% target for inflation which is far […]
Pound Under Pressure
GBP has experienced continued pressure over the past 48 hours due to weak economic data ramping up the calls for the Bank of England to cut interest rates in their […]
Sterling On A Decline
On Monday the pound fell by 0.5% to two and a half week lows against the dollar as poor economic figures increased the chances of the Bank of England cutting […]
The Week Ahead
Last week the pound was in a fairly sideways trend as the main driving force for the markets continued to come from updates of the US and Iran conflict. Over […]
Pound Dropped Off After Carney Comments
Yesterday the British Pound fell to a two-week lows as the head of the BoE Mark Carney stated that an interest-rate cut could still be on the horizon. Carney said […]
Brexit Talks Begin
UK Prime Minister Boris Johnson and European Commission President have commenced trade talks which has led to Sterling strength in the region of 0.5% against the Euro and 0.3% against […]
Market Update
GBP recovered above 1.32 against USD and 1.18 against EUR due to expectations of The Withdrawal Agreement Bill being passed through the House of Commons within the next few days […]
Positive Start For Sterling
This Morning the pound has started on the right foot and has strengthened against most major currencies. That’s in part because the pound got a boost following the latest UK […]
Tensions Increase Between USA and Iran – Dollar Volatile
Good Morning, With geopolitical tensions rising between the US and Iran it has been an interesting start to the new year. Last week we saw the price of commodities such […]
Manufacturing PMI fall to lowest since 2012
British factory output fell in December at the fastest rate since 2012 as a tepid global economy hurt demand and businesses further reduced stocks of goods they had built up […]