Sterling exchange rates stable going into May.

Sterling exchange rates stable going into May.

It has been quite an interesting month as far as FX movement is concerned on G10 pairs- from the beginning of April to the end GBPEUR has traded as low as 1.1460 and as high as 1.1784 and GBPUSD has traded as low as 1.3677 and as high as 1.40 (Momentarily). The theme...
Sterling recovery next on the cards.

Sterling recovery next on the cards.

Over the last few weeks we have seen Sterling exchange rates begin to fall predominantly against the Euro and Dollar as we have seen strength and progress in Europe and the USA’s vaccination programmes- the good news is it seems we will begin to see recovery...
Dollar strength dominates FX markets and pushes GBP & EUR lower.

Pound to Euro exchange rate holds strong at 1.16.

Last week was another strong one for GBP with Pound to Euro rates touching 1.17 briefly on Thursday (For all of 60 seconds) before descending back down to 1.1640. The main reason for Sterling ending the week lower was the risk off play in the U.S Stock market after...