Sterling exchange rates continue higher.

Sterling exchange rates continue higher.

Last week saw more volatility across all markets, mainly due to the Fed and the ongoing situation between Russia & Ukraine. We saw GBPEUR rise from 1.19-1.20 by Friday close, with GBPUSD a little more subdued closing at 1.3580 on Friday. The main reason for the...
Pound to Euro Exchange Rates Take a Round Trip To 1.20 And Back.

GBPEUR Rates Rally In Anticipation Of Boe Rate Decision

Over the last week we have seen Pound Sterling exchange rates rally from 1.19 to a close above 1.20- this is mostly traders pricing in the fact that the Bank of England are expected to raise interest rates again this week. Now, once common mistake people make is...
GBPEUR Faces large resistance at 1.20.

GBPEUR Faces large resistance at 1.20.

Last week, Sterling exchange rates continued its ascending move against most major currencies with GBPEUR tapping the 1.20 handle (Albeit briefly) and GBPUSD going above 1.37 (5% up from Decembers lows). This has been a great start for Sterling bulls with much good...
Pound Sterling Begins 2022 with Strength.

Pound Sterling Begins 2022 with Strength.

The first official trading week of the year was significantly bullish for Sterling exchange rates; with GBPEUR closing the week at 1.1960 and GBPUSD closing the week at 1.3584 (After a very weak NFP reading). So far, Sterling is the best performing currency of 22...
All Eyes On Central Banks This Week.

All Eyes On Central Banks This Week.

Traditionally, December is a relatively illiquid month for the markets- but at the moment, with everything going on- we are seeing plenty of market movement on both the FX and stock markets due to the pandemic and inflation. Unfortunately, depending on what you are...
Omicron Variant Takes Markets By Storm.

Omicron Variant Takes Markets By Storm.

On Friday we saw a pretty deep sell-off across all markets (FX, Cryptocurrencies & Equities) following news of the Omicron Variant and countries beginning to react. We have already seen numerous countries across Europe begin to put in restrictions over the last...
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...