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...
The Truth About the Pound
October 27, 2016 - If you think the pound is going steady, read this. Over the next six months we are expected to see some of the biggest Sterling price swings. Although you don't see much movement within the pound we are still seeing signs of...
UK GDP Grows in Q3 – 27th October 2016
UK GDP Grows in Q3 - 27th October 2016 Sterling had a relatively good day yesterday and recovered to pre-Carney speculation territory against the US Dollar that we had seen on Tuesday. The main driver being comments from a government minister confirming that both houses of...
Has Donald Trumped himself? – 20th October 2016
Has Donald Trumped himself? - 20th October 2016 In last night’s Presidential race Donald Trump failed to agree that he will accept the result of the November 8th election. Although he did not say absolutely that this was his position, it didn't go down well with Republicans...
Another false dawn for Sterling? – 19th October 2016
Another false dawn for Sterling? - 19th October 2016 So far this morning, Sterling has had a little rally however, don't get too carried away there have been several false dawns of late. This time last week, Sterling had had a good day against the Euro...
Sterling Woes Continue – 11th October 2016
Sterling Woes Continue - 11th October 2016 Sterling had another poor day yesterday, falling once again, this time by 0.3% on average with the damage being done, once again, but negative sentiment around Sterling rather than poor economic data. Sterling did manage though to avoid a hat-trick...
Sterling on the Ropes – 19th September 2016
Sterling on the Ropes Sterling remained on the ropes on Friday after taking a number of hits on Thursday, racking up a cumulative 1.7% loss over the two days against the other dozen most actively-traded currencies. The cause of Sterling woes was a re-emergence of Brexit worries. UK...