Breaking News! Market Volaltility Persists

Today has seen significant developments on the currency markets. GBPEUR has moved up by 1.3%, GBPUSD down 0.8%, GBPAUD up 1.6%, GBPZAR up 1.9%, with many other significant movements and recent highs touched.

This is all down to the ongoing concerns over the global economy, in particular the slowing down in the rate of global growth. The G7 are meeting to discuss how another recession can be averted. The ongoing crisis in Europe is also weighing heavily on investors minds with all the major stock markets down.

Feel free to get in touch on [email protected] or (+44) 01494 787 458 to discuss how these events are affecting your trades. Please quote JMW and PSF.