What Will Affect Sterling Exchange Rates In Q2?

What Will Affect Sterling Exchange Rates In Q2?

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...
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....
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...