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UK Budget in focus this week

UK Budget in focus this week

Sterling has managed to keep above 1.20 against the Euro but unfortunately slipped below the 1.30 handle against the Dollar. Following a relatively quiet week we saw pretty sideways price action now leading into a pretty busy week going into November- which is...
GBPEUR Hits 1.20 following strong retail sales.

GBPEUR Hits 1.20 following strong retail sales.

On Friday we saw Sterling rise against the Euro above 1.20 following positive retail sales data, giving us the best GBPEUR exchange rate in over 2 years. Retail sales were expected negative,but thanks to good weather and more money in peoples pockets, spending picked...
GBP higher against EUR and lower against USD

GBP higher against EUR and lower against USD

Hello all! Apologies for the lack of reports over the last few weeks, I have been travelling but back in the UK now and back on the desk- so far we have had a pretty eventful month with escalations in the Middle East, plenty of news out of the Bank of England and the...