by admin | May 8, 2018 | EUR, FX, GBP, USD
I am sure that many of you have already noticed the Pound’s decline over the past couple of weeks ever since BoE Governor, Mark Carney signaled that an interest rate hike may not happen in May in the UK. We have seen the GBPEUR rate fall to as low as 1.13, and GBPUSD...
by admin | Apr 23, 2018 | EUR, FX, GBP
Last week was going very well until UK data releases starting to show holes in the UK economy, if you read my previous article you would know we were already expecting lower retail sales figures due to the snow, and if inflation came out lower we were also expecting...
by admin | Apr 3, 2018 | EU, EUR, FX, GBP, USD
As we step into Q2 of 2018, we have seen an extremely volatile Pound as Brexit negotiations have dictated how Sterling has moved over the last few months. It seems that now Europe and the UK have agreed upon a transitional deal which should allow the UK to start...
by admin | Mar 5, 2018 | Brexit, EU, EUR, FX, GBP, USD
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....
by admin | Feb 26, 2018 | Brexit, EU, EUR
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...
by admin | Feb 19, 2018 | Brexit, EUR, GBP, USD
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...