What’s Next For Sterling Exchange Rates In February?

What’s Next For Sterling Exchange Rates In February?

GBPUSD exchange rates have remained strong above 1.40, while the GBPEUR exchange rate has remained range bound between 1.12-1.13. Following weaker than expected Retail sales data from the UK on Friday, the market showed no real reaction, which indicates that investors...
Brexit Headlines Keep Sterling Exchange Rates Low

Brexit Headlines Keep Sterling Exchange Rates Low

Last week the Pound seemed to be having a pretty positive week following the BoE interest rate decision where Mark Carney commented that an interest rate hike “sooner rather than later” will be on the cards- we saw the Pound gain around 1.5% across the board which...
Sterling Gains Against Dollar & Euro – Will It Last?

Sterling Gains Against Dollar & Euro – Will It Last?

Wow what a great week! EURUSD is trading at 1.2420 as I write this, and GBPUSD is currently trading at 1.4140. Sterling and the Euro have been outperforming the U.S Dollar all week, it seems that President Trump isn’t happy about this recent Dollar weakness and...
Happy New Year everyone!

Happy New Year everyone!

Happy new year everyone! Now everything seems to be getting back to normal- I feel now is a good time to start pinpointing key events coming up for the major currencies. Last year was a pretty bleak year for the Pound, many would say because of Brexit, however, the...