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...
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...