Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Inflation, No Deal, Prime Minister, Sterling, UK, Uncategorised
- February 24, 2020
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Sterling rebounded towards the end of last week due to better than expected Retail Sales in January. The main factor behind the increase was the horrendous weather in the UK most likely prompting consumers to panic buy essentials. Moving forward this could contribute to an improvement in UK Inflation figures which is a key focus […]
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21/02/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- February 21, 2020
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Please see exchange rates listed at the bottom of the article, note they are for indication only, if you would like to purchase any currency contact us for a live quote. Pound Sterling has dropped to a three month low against the Greenback on Thursday as the U.S. currency’s has out performed undoing the recent […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, election, EUR, GBP, Mark Carney, No Deal, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- February 21, 2020
- No Comments
Pound Sterling has dropped to a three month low against the Greenback on Thursday as the U.S. currency’s has out performed undoing the recent pound gains that were driven by the appointment of a new British finance minister Rishi Sunak. Since the high of 1.3070 after the appointment of Sunak the pound has now lost […]
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20/02/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- February 20, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The Pound has retraced against the Euro proving that the rate is uncomfortable above 1.20 against the Euro and 1.30 against the USD. Due to ongoing concerns that the […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Rate Cuts, Referendum, Retail Sales, Sterling, UK, Uncategorised
- February 20, 2020
- No Comments
The Pound has retraced against the Euro proving that the rate is uncomfortable above 1.20 against the Euro and 1.30 against the USD. Due to ongoing concerns that the EU and the UK are moving further apart within the trade talks. Many analysts have mentioned that we cannot rule out a no-deal Brexit by the […]
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19/02/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- February 19, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. This morning’s main data release is UK CPI inflation for January. The previous month saw an unexpected fall to 1.3%, the lowest for three years, which had fuelled expectations […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Mark Carney, Prime Minister, Rate Cuts, Sterling, UK, Uncategorised
- February 19, 2020
- No Comments
This morning’s main data release is UK CPI inflation for January. The previous month saw an unexpected fall to 1.3%, the lowest for three years, which had fuelled expectations of a near-term BoE rate cut. The predictions are a rebound to at least 1.6% last month, thanks to energy prices as a result of: (i) […]
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18/02/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- February 18, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The number of people in work in Britain rose in the last three months of 2019, according to data which underscored how the labour market defied a slowing of […]
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Market Update
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Message, Prime Minister, Referendum, Sterling, UK, Uncategorised
- February 18, 2020
- No Comments
The number of people in work in Britain rose in the last three months of 2019, according to data which underscored how the labour market defied a slowing of the broader economy ahead of December’s election. The number of people in work jumped by 180,000 to 32.934 million, at the top end of forecasts in […]
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Pound Soars After Cabinet Reshuffle
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Home, Prime Minister, Sterling, UK, Uncategorised
- February 14, 2020
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British Prime Minister forced the resignation of Sajid Javid as finance minister on Thursday after Javid refused to sack his advisers and replace them with officials from Johnson’s Downing Street office. The currency climbed to as high as GBP/USD 1.3069, up from around 1.2988 before the news was released. Also, against the Euro the pound […]
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