Strong Week For Sterling Exchange Rates

Strong Week For Sterling Exchange Rates

The Pound had a very positive week following a transition deal being agreed for Brexit alongside strong wages data and a very bullish Bank of England statement. GBPEUR exchange rates hit 1.15 and GBPUSD exchanges soared above 1.40 once again. These highs were of...
Volatile Week Ahead For Sterling Exchange Rates

Volatile Week Ahead For Sterling Exchange Rates

The Pound has remained pretty steady against most major currencies over the last week, in anticipation of this coming week. To recap, so far in 2018 the Bank of England have signaled they may look to hike interest rates again this year, Brexit talks are now becoming...
Sterling Weaker Following Speech From Theresa May

Sterling Weaker Following Speech From Theresa May

The main event of last week was the highly anticipated speech from UK PM Theresa May where she was expected to speak about the plans for Brexit moving forward. Many believed that this would be positive for the Pound, however, it turned out to be quite the opposite....
A Volatile Week Ahead For Sterling & Euro Exchange Rates

A Volatile Week Ahead For Sterling & Euro Exchange Rates

Over the last few weeks, much of the focus for the Pound and Euro has been down to economic figures and Central Bank decisions- this week we will see this change as there are a few political meetings and speeches that are set to add volatility into Sterling exchange...
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...