Sterling Higher After Obama Speech – 25th April 2016
Sterling Higher After Obama Speech Barack Obama's speech at the end of last week, in which he encouraged Britons to vote to stick with the European Union, has gone down well with investors who believe it improves the "Stay" campaign's chance of success. That improvement, in turn, makes...
Sterling continues to weaken – 18th April 2016
Sterling Continues to Weaken The recent theme of Sterling weakness continued on Friday as the UK construction industry contracted by 0.3% in February, the second month in a row the sector has shrunk. Ongoing Brexit fears, recent stamp duty changes, alterations to the tax on second home...
Kiwi losses blamed on the Aussie – 14th April 2016
Kiwi losses blamed on the Aussie Yesterday it was the turn of...
Surprise Rally for Sterling – 12th April 2016
Surprise Rally for Sterling Prices for Leicester City's last home game of the season were released yesterday with a pair on the illegal secondary market reportedly priced at £15,000. At the same time, Sterling prices were also going higher albeit not at the same pace as...
What do the best performing currencies have in common? – 7th April 2016
What do the best performing currencies have in common? In the last month or so, the best performing currencies have been the Euro, the Swiss Franc, the Japanese Yen and the Swedish Krona. But why? Why do investors want to purchase these currencies? What do they...
Lack of Optimism Hurts Commodity Currencies – 5th April 2016
Lack of Optimism Hurts Commodity Currencies The sensation amongst investors is that they might not be quite as optimistic about the global economic outlook now as they had been at the end of last year. As a result, the commodity currencies were the poorest performers on...
Sterling woes continue – 4th April 2016
If you read the papers this morning you will have seen the revelation that the tax haven, Panama, is being used as a tax haven by the rich and powerful. It is a story that could potentially have have repercussions for those involved and damage...
Political uncertainty continues to affect Sterling – 21st March 2016
Political uncertainty continues to affect Sterling It is widely accepted that uncertainty is bad news for the value of a currency with Sterling again backing up this assumption. The split between the Prime Minister and his Work and Pensions Secretary has given rise to renewed concerns about...