GBPEUR Higher after UK Inflation data.

GBPEUR Higher after UK Inflation data.

The last week was pretty volatile for markets- with traders now pricing in more BoE hikes this year (Expected to reach 5.5%) following inflation data showing no sign of cooling yet. Naturally, this helped push the GBPEUR rate higher into the 1.15 area- but...
Bank of England Supports Sterling Strength.

Bank of England Supports Sterling Strength.

Over the last week, we saw Sterling exchange rates rise above 1.17 against the Euro before closing the week at a level of 1.1650. Sterling has remained slightly weaker against the U.S Dollar as investors have flocked to the Dollar for safety recently given more...
GBPEUR settles at 1.17 prior to UK reopening.

GBPEUR settles at 1.17 prior to UK reopening.

Sterling to Euro exchange rates have settled in a positive area over the last week with prices staying in the 1.16-1.17 area- and we have finally seen a slight reversal in Dollar strength as of Friday which has brought prices up from 1.37-1.39. The UK saw a...
Sterling recovery next on the cards.

Sterling recovery next on the cards.

Over the last few weeks we have seen Sterling exchange rates begin to fall predominantly against the Euro and Dollar as we have seen strength and progress in Europe and the USA’s vaccination programmes- the good news is it seems we will begin to see recovery...