Pound Sterling Exchange Rates Outperform.

Pound Sterling Exchange Rates Outperform.

The Pound had a great week last week after a number of supportive data releases in the UK including positive employment numbers, rising inflation, and an improvement in Retail spending. All three of these have now put the idea of an interest rate hike from the BoE...
Volatile week ahead for Sterling exchange rates.

Volatile week ahead for Sterling exchange rates.

November has already shown itself to be a very volatile month with ranges on GBPEUR between 1.16-1.18 and GBPUSD ranges between 1.33-1.36. Of course, the main reasons for this volatility were due to Central Bank decisions- the first being the Fed beginning their...
Central Banks In Focus This Week

Central Banks In Focus This Week

October was a relatively strong month for Sterling with pretty hawkish comments coming from the Bank of England over the month giving markets an opportunity to begin pricing in interest rate hikes before 2022- and more next year. We have seen GBPEUR rise from 1.15 to...
Central Banks In Focus This Week

Pound to Euro Exchange Rate Hits High Of 2021

It was a great week for Euro buyers following hawkish commentary from the Bank of England stating that interest rates may have to go up in November/December which pushed the GBPEUR price to 1.1850- the highest we have seen since the pandemic began. The reason for the...
Bank of England Pulls the Rug from beneath Sterling.

End Of Month/Quarter Moves on Sterling Reversed.

Last month was an EXTREMELY volatile week for Sterling- with GBPEUR falling to 1.1550, GBPUSD falling to 1.34, and EURUSD also falling to 1.1560. Now, if you were to read the tabloids, you would think this was happening because of the so-called petrol crisis in the...

Market awaits Jackson Hole for the next move.

This week has begun on a slightly quieter note- with the main event being Jackson Hole Thursday-Friday this week- Sterling exchange rates ended last week slightly lower across the board after a surge in the U.S Dollar and some poor UK Data- it was positive to see a...