by admin | May 24, 2018 | EUR, FX, GBP, USD
The Pound has been on a downward trend ever since the last BoE rate decision, but surprisingly enough, much of the impact has been on GBPUSD exchange rates as opposed to the GBPEUR rate. The reason for this is that there are still some political and economic issues in...
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 16, 2018 | FX, GBP
The last week has been relatively positive for Sterling exchange rates, and many clients have been taking advantage of the current prices on GBPEUR & GBPUSD. On Monday morning we will see if there is any volatility following the airstrikes over the weekend, it...
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 26, 2018 | FX, GBP
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...