GBP Forecast – Market Confidence in the UK Economy Remains Minimal (Matthew Vassallo)

Those clients with a Sterling currency exchange to execute, should be keeping a close eye on this morning’s Unemployment data and Average Earning’s figure. The UK’s official Unemployment rate fell last month, coming out below...

Difficult period ahead for the Pound after Bank of England keep interest rates on...

The Pound has had a difficult end to the week following the announcement by the Bank of England to keep interest rates on hold at just 0.5%. The split was the same as before...

What may the Bank of England interest rate decision lead to for Sterling exchange...

Following a reasonably quiet start to the week for U.K economic data anyone with a requirement to exchange Sterling into another currency or to exchange another currency back into Sterling may wish to keep...

GBP Forecast – Sterling Struggling to Regain Ground After Last Week’s Losses

The Pounds has failed to recover from its losses on Friday, with investors once again seemingly turning their backs on Sterling. Friday’s poor UK Gross Domestic product (GDP) figures have sapped investor confidence and dampened...

Will the Bank of England raise interest rates? This will be key for Sterling...

The key to the performance of the Pound in the next few weeks will be the likelihood of an interest rate hike, which has dipped a little over the past week. Bank of England Governor...
Sterling on shaky ground

The Fragility of the Pound has been Exposed (Daniel Johnson)

BOE Rate hike could be delayed The Pound has suffered over the last two days of trading. We saw strong gains earlier in the week, hitting highs against several major currencies. GBP/EUR hit 1.1599 for...

GBP Forecast – Sterling Finds Some Support After yesterday’s Losses (Matthew Vassallo)

The Pound has found some support during Thursday’s trading against the majority of major currencies, following a sharp downturn yesterday. GBP/EUR rates have held firm around 1.15, whilst the Pound has found plenty of protection...

Sterling falls on Weaker Inflation – GBPEUR Rates Slide Below 1.15

The pound has fallen from its recent 11 month high against the Euro with levels for GBP EUR falling back below 1.15. UK inflation data released earlier today arrived weaker than expected at 2.3%...

Sterling awaits unemployment and average earnings figures today in a change to the usual...

This morning we have the release of unemployment and average earnings figures for the U.K in a slight change to the usual schedule, as these figures have been released on Wednesday historically for many...

Sterling spikes against most majors – A good week for the Pound but will...

Sterling spiked against all major currencies in trading yesterday afternoon, hitting the highest point since June 2017 against the Euro and offering those looking to buy foreign currency in the near future a fantastic...