By Simon Eastman
Last week saw Sterling attempt to make gains, driving on from the UK reaching the next stage out of lockdown.
We also saw some better than expected data releases for the UK, with GDP and retail sales both outstripping the expected forecasts. Unfortunately the pound couldn’t build on the gains from early in the week and tailed off although Friday finished up on the day.
By Grace Smyth
GBP-EUR and GBP-USD have been trading tightly within a 1 cent range this past week. Not offering much in the way of any exciting movements to cause a stir. Making it difficult for those looking to catch the rate at its best.
By Luke Dyson
What a positive start to the week, May the 17th another key corona virus date being hit, which was set in place to slowly reverse the restrictions of the current lock down. With businesses beginning to open and travel restrictions beginning to lift the overall census of the UK is an optimistic one.
By Matthew Boyle
Last week saw the best week for the Pound since February of this year with it gaining around a cent against the EUR and 1.5 cents against the USD.
First quarter GDP showed the UK economy had shrunk much less than expected during the third lockdown…
By Ashley Finill
This week has been an eventful one the currency market with the rates reacting to the go ahead of easing restrictions in the UK from the 17th of May. Sterling gained nearly a cent on the Euro throughout the week’s trading..
By Lauren Buckner
The USD has seen significant weakness this week following a disappointing jobs figure on Friday from the States. US Non-farm payrolls (a figure representing the change in jobs within the US economy over the preceding month excluding agriculture) was expected to show…