News

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…

By Ashley Finill

We are at the mid-point of the trading week and thus far we have seen Sterling fall over a cent on the Euro already. Although the UK has posted some positive economic figures as of late, it has not aided in providing the pound with a push…

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.