Sterling is the worst performing major currency
The British Pound became one of the worst performing majors during today’s early trading session as more sour news related to the UK crossed the wires. Earlier on Wednesday, the […]
Quiet day for Sterling
Sterling dropped off this morning after making gains yesterday. With investors cautious about risks surrounding Brexit negotiations for the year ahead despite progress in the talks last week. A survey […]
The week ahead
Last week ended negatively for the Pound, even though the UK and EU are now moving to the next phase of negotiations- the fact that this next phase will be […]
Brexit talks going well
BoE left interest rates unchanged and QE unchanged to yesterday at their meeting. From the 9 members, they all voted to keep things exactly as they are. Theresa May has […]
UK Retail Sales up
The pound hit daily highs after data showing that UK retail sales rose at a far faster pace than expected last month as investors await the outcome of the Bank […]
UK Wage growth slightly better
Pay growth for British workers quickened slightly in the three months to October but there was another drop in employment, official figures showed, suggesting employers are turning more cautious as […]
UK Inflation hits a 6 year high!
This week will be all about the central banks. Three major institutions will have their interest rate decisions: FED, ECB, and BoE. From that three, only in the US, we […]
The week ahead
GBPEUR exchange rates hit 1.1490 while GBPUSD exchange rates went above 1.35 on Friday morning following the UK Government managing to sort out the Irish border issues and beginning negotiations […]
Where will Sterling end the year?
If we can come to a suitable solution surrounding the issues around the Irish border and agree on a trade deal we believe that the pound could end the year […]
Pound drops on Brexit uncertainty
Sterling dropped to 8-day lows yesterday as investors and analysts are very sceptical in regard to Prime Minister Theresa May being able to agree a deal with the EU in […]