Following Trumps tariff announcement, we saw the Dollar take a bit of a beating in yesterday’s trading session, opening a door for GBP pushing to highs not seen since October 2024. With his Liberation Day plans outlined it has now…
Following the unexpected decision from Germany that they are planning to increase spending, this provided some much-needed respite for the Euro in which triggered a sell off in the Pound and the Euro took advantage of this weakness, in turn…
Sterling has maintained a positive position in markets over the course of this week with a noticeable push higher in yesterday’s trading session, which has continued this morning. The move came following further tariff threats from Trump of a general…
Following UK wage data coming out better than expected this morning, the markets saw an immediate boost in the Pound, continuing its advances against the Euro and fighting the continued battle with the US Dollar. While this may look positive…
The UK’s data print this morning gave an overall positive outlook, for the short term at least providing a little boost to the Pound, with the GDP released at 0.4% surpassing expectations showing upside. This set of data will come…
Sterling has kicked off the week with a steady climb against the Euro and fending off advances from the US Dollar following a mixed bag of data prints. The downside could come later in the week with speeches due from…
Sterling continued to show its short term ‘safe haven’ status having a firm hold across the board, helped by the ongoing tariff situation with Trump and the European Union expected to be hit with the ‘Trump tariff’ sooner rather than…
Following Trumps imposed tariffs and speculation around further implications to follow, the Pound has been seen as somewhat of a safe-haven, outperforming most G10 currencies despite comments made by President Trump saying ‘The UK is out of line, but one,…
The FED kept rates unchanged as highly anticipated on Wednesday evening basing it on how the economy has been performing up until now, with FED Chair Jerome Powell stating ‘we do not need to be in a hurry’. This suggests…
The Pound has moved marginally higher against the US Dollar ahead of the FED’s Interest rate decision this afternoon, with it looking likely from a markets perspective that they will hold rates as they are. With the FED looking…
