Morning all Trust you have had a good weekend and a palatable Monday… GBP Expecting a rate rise this Thursday which will cement GBP gains we have witnessed over the past 2/3 working days. Suggestions are that we could see a rise to 1.63% this wee ...
Morning all Chopping up the order today… EUR Weakness on the horizon? Surging European gas prices are going to keep the EUR under pressure and submerged into a deep recession in the Eurozone over the coming Winter. Blame Russi ...
Morning all Hope you have had a good weekend and a bearable Monday. GBP Looking stronger against the major currencies in the final week of July with an improved sentiment amongst investors/traders. Domestically there is little on the UK ...
Morning all Hope you’re not too burnt! Straight into it today… GBP As per the title inflation is sitting square on 40 year highs at 9.4%, beating market expectations yesterday by 0.1%. The figure is well above the BOE’s 2.0% t ...
Morning all If you think you’re having a bad day, just remember you’re not Boris! We are going to change the format around today focusing on yesterday’s news and the impact that it has on GBP across the board. Unless you’ve been incognito ...
Morning all 2 bombshells in fact, I’m back on the morning updates for the time being. GBPUSD Doom and gloom. We’ve finally broken 1.20, feels like we are quoting GBPEUR! We are now clearly through 2 year lows reflectin ...
GBP/USD Yesterday, the Sterling-Dollar rate swooped down to fresh 2-week lows as the Pound struggled to fight against intense downwards pressure. This downwards pressure was sparked following the Bank of England Governor Andrew Bailey’s sobering assess ...
GBP/USD Yesterday the rate took a slight battering, with the Sterling-Dollar pair falling quite steeply, all the way down to weekly lows. This came as the Dollar managed to regain some of its strength and claw back the losses it had recently experience ...
GBP/USD A fresh new week and the Pound continues to climb against the Buck, now making for its 4th consecutive day of upwards movement. This comes as the Pound has finally found its footing against the Dollar, having previously plummeted all the way do ...
GBP/USD So far into trading today the Sterling-Dollar pair has continued to edge lower, following in the footsteps of yesterday’s losses. In doing so, the rate finds itself on the cusp of exceeding the recent multi-year lows, should this current declin ...