News

By Matthew Boyle

Yesterday saw some choppy trading conditions in the FX market with GBP dropping versus both the EUR and USD in the morning before recovering and returning to the recent higher levels during the afternoon. Speculation of a frosty reception for Boris Johnson by President Joe Biden…

By Simon Eastman

Currency markets, having started off the week positively for the pound, remained flat on Tuesday, trading within a tight range against the euro and US dollar.

EU GDP came out better than expected in the morning, which helped the single currency to start off on the front foot, gaining a quarter cent from the pound…

By Grace Smyth

This week we could see the Pound come under pressure as its has been reported that the UK Government are ‘open’ to delay lifting covid restrictions on the 21st June and issuing a two week delay could be on the cards, taking us to the 5th of July. This has come after covid cases seem to be back on the rise once more.

By Luke Dyson

As the week draws to a close Sterling is still currently holding its strength that it has gained over the last couple of weeks, with it still making GBP/EUR and GBP/USD an excellent buying opportunity amongst the new levels of uncertainty added yesterday regarding travel.

By Matthew Boyle

The end of last week saw GBP>USD rates hit a 3 year high- welcome news for any buyers of the Greenback. GBP>EUR rates however have remained more stagnant despite many analysts suggesting we were set to see a run…

By Lauren Buckner

GBP bounced across most major currencies yesterday afternoon following comments by BofE member Vieleghe who suggested that an early interest hike by the Bank of England is possible if we see a smooth transition from furlough and a resulting economic flurry. Looking forward to as soon as Q2 2022 Vieghle’s optimism…