News

By Ashley Finill ECB interest rate decision The ECB’s interest rate decision didn’t pull any surprises and reiterated their earlier stance of trying to keep borrowing costs low in the Eurozone during the pandemic to protect the economy. The ECB president Christine Lagarde took a press conference when the rate decision was announced and said […]

By Lauren Buckner Exchange rates continue to be much more volatile at present with more significant intra-day market movement than we have seen in general over Q1 2021. The market appears to be stuck looking for clear direction at present while the after effects of a global pandemic skew the economic data and a slow […]

By Simon Eastman Last week was again a fairly quiet one for the pound which continued to remain out of favour, with Brexit backlash and set backs to our vaccination program. We did see a slight uptick as the week ended, but coming from the rangebound low, it wasn’t anything to shout about. This week […]

By Grace Smyth Compared to the first three months of this year, this month Sterling seems to have taken a back seat against the Euro and Dollar. The fall first came when the UK announced they will be halting the use of the AstraZeneca vaccine due to health concerns and potential curbing the UK’s advantage […]

By Luke Dyson Following such a hit last week sterling has struggled to compose itself to produce the weekly gains we were seeing previously following the lock down positivity and the strong vaccine program being run in the UK. This week to date we have seen very limited amounts of volatility with less than a […]

By Matthew Boyle Last week saw the biggest loss for the pound since September of last year- losing around 2% against the single currency. Concerns over the viability of the Astra Zeneca vaccine combined with rumors of the ECB tapering quantitative easing were the main cause, add some profit taking in the market given the […]