Market Update 25th July – 29th July
Where you will be able to keep up to date with all the latest changes in the currency market GBP As Liz truss and rishi sunak battle for the job as prime minister we have seen some sterling weakness against both the euro and dollar. Anytime there is any uncertainty withing the government this will […]
Market Update 18th July – 22nd July
Where you will be able to keep up to date with all the latest changes in the currency market GBP The GBP/EUR rate dropped to the lowest rate we have seen since the start of the month, this could be due to the ECB mentioning an interest rate hike this month. The GBP/USD rate also […]
Market Update 4th July – 8th July
Where you will be able to keep up to date with all the latest changes in the currency market GBP We have seen a lot of volatility with the Pound as we move into the new month. With there being still some concerns regarding Boris Johnson’s leadership we have seen the pound weaken against both […]
Market Update 27th June – 1st July
Where you will be able to keep up to date with all the latest changes in the currency market GBP The GBP/EUR exchange rate remained mostly unchanged this week whereas we have seen a lot of volatility with the GBP/USD rate over the last week. We are still seeing some sterling weakness due to the […]
Market Update 20th June – 24th June
Where you will be able to keep up to date with all the latest changes in the currency market GBP The GBP/EUR exchange rate remained mostly unchanged this week after the Bank of England raised interest rates to a 13 year high of 1.25%. The GBP/USD rate was also at the lowest we have seen […]
Market Update 13th June – 17th June
Where you will be able to keep up to date with all the latest changes in the currency market GBP Sterling was lower against the US dollar and the Euro due to the votes of no confidence against Boris Johnson despite his victory in Monday’s confidence vote. He had the most votes of no confidence […]
Market Update 6th June – 10th June
Where you will be able to keep up to date with all the latest changes in the currency market GBP We have seen continued GBP weakness as we head into June. There are increasing concerns surrounding Boris Johnson’s premiership as Conservatives MP’s take to parliament in order to conduct a vote of no confidence in […]
Market Update 30th May – 3rd June
Where you will be able to keep up to date with all the latest changes in the currency market GBP We have seen continued GBP weakness due to the cost-of-living crisis within the UK. High levels of inflation can lead a currency to weaken, unless monetary policy is put in place to react to the […]
Market Update 23rd May – 27th May
Where you will be able to keep up to date with all the latest changes in the currency market GBP GBP was stronger this week against the Dollar and Euro as it tries to grind higher through the inflationary pressures in the UK. Unemployment figures were strong for the UK, while the European economy saw […]
Market Update 16th May – 20th May
Where you will be able to keep up to date with all the latest changes in the currency market GBP We have seen continued GBP weakness this week as the global uncertainty remains increasingly high due to the situation the Ukraine. But the Pound to Euro exchange rate stabilised after Ukraine’s national gas pipeline operator […]
