Sterling Wobbles
Sterling Wobbles Sterling had a great day on Wednesday last week when the Chancellor's Autumn Statement did nothing to harm to pound. It breezed through Thanksgiving and but came a bit of a cropper on Black Friday. Whilst's there was little data to support Sterling's gains during the...
The Autumn Statement 2016
- 24th November 2016 Philip Hammond described this statement, as a plan to ensure the UK economy is "match-fit". Following the Chancellor's delivery of the Autumn Statement, fierce debate broke out on social media over whether Brexit is to blame for the UK's "sober" economic outlook. According to the...
The Trump Effect
Since last Tuesday the President Elect has had a large impact on the US markets and other markets across the world. Trump was elected the 45th president of the United States on Tuesday and in his victory speech at the New York Hilton promised to focus...
The Yellen Opinion
Although the US dollar only managed third place on Wednesday its trade-weighted value reached a 13-year high. Some say the dollar's strength casts doubt on a Federal Reserve rate increase next month but many feel that there will be a positive outcome. One argument against a...
What impact will President Trump have on the Exchange Rates?
Donald Trump is the new President-elect of the United States who will govern alongside a Republican majority in congress. The news came as something of a shock to foreign exchange markets which had been pricing an Hillary Clinton victory. The uncertainty triggered a massive sell-off in global stock...
What impact the US Election will have on the Currency Markets
Most economists, investors, and strategists believe that a win for Hillary Clinton will be positive for the US Dollar whilst a win for Donald Trump will be negative for the US Dollar. How much the currency will move? A victory for the experienced Democrat politician is expected...
Sterling’s gains last week due to High Court Ruling – 7th November 2016
Sterling's gains last week due to High Court Ruling - 7th November 2016 Politics and politicians had the biggest impact on currencies toward the end of last week and during the weekend. In Sterling's case it was the judges decision to involve Parliament in the Brexit...
Safe Haven Currencies in the Lead – 2nd November 2016
Safe Haven Currencies in the Lead - 2nd November 2016 Yesterday the possibility that there will be President Trump looked closer as a Washington Post opinion poll gave Donald Trump a 46-45 lead over Hillary Clinton. As anyone who followed Britain's EU referendum will recall, opinion...