Positive Retail Sales Surprise Boosts Sterling

Positive Retail Sales Surprise Boosts Sterling

After a relatively rough week on the market, Sterling exchange rates got a boost following better than expected retail sales figures out of the UK- with food and fuel sales both higher than the previous month. Many were looking for spending to collapse amidst the...
Sterling Underperformance To Begin The Week

Sterling Underperformance To Begin The Week

Sterling opened on Monday on a softer note with GBPEUR trading around 1.1750-1.18 and GBPUSD trading between 1.22-1.23. Fortunately, a higher close on Monday has given hope for a better Tuesday. Sterling has a few risks surrounding it currently, one of which being...
Big week ahead for Sterling and Dollar.

Big week ahead for Sterling and Dollar.

It has been an incredibly volatile week- predominantly for GBPUSD and EURUSD pairs, with Cable falling to lows of 1.24 and EURUSD falling to 1.04 following massive Dollar strength. This has now put Sterling exchange rates in a strange position going into the new...