Last week was a relatively flat one for GBP rates. Surprisingly, UK second quarter GDP dropped less than expected but the Pound remained trading range bound…
Wednesday saw US inflation released in the afternoon coming in lower than forecast, which in turn caused a slide in the US dollar’s value. Is sentiment finally shifting?
For the week to date we have seen a relatively stable market for GBP/EUR , with minimal intra-day movement following on from the sudden drop last week after the interest rate announcements…
The Pound’s mini resurgence came to an abrupt halt following the Bank of England’s latest policy meeting, despite the central bank raising interest rates…