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 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 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.