Archive for: March, 2018

Weekly Market Update

Post date: 29/03/2018 17:00 GBP Due to this weeks relative inactivity both politically and economically in the UK and the Eurozone, the pound has traded mainly sideways. The pound has however, dropped nearly 2% against the USD as the US continued to post positive economic data. The transition deal for Brexit has been finalised and…

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Weekly Market Update

Post date: 23/03/2018 18:00 GBP This week has been the best week of the year for The Sterling, seeing an increase in the Pound against all major currencies and a new long term high. There are many factors behind this. Each day has yielded good news on either the U.K economic or political front. This…

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Weekly Market Update

Post date: 16/03/2018 18:00 GBP We saw a renewed spark in the market this week as Philip Hammond released the spring budget. The independent Office for Budget Responsibility has lifted its predictions slightly for UK economic growth for 2018. Due to this the pound rose near to 1.4 against the dollar and near to 1.13…

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Weekly Market Update

Post date: 09/03/2018 18:00 GBP The Sterling ended the week on a high once again. It is the highest it’s been all week against the EUR and bounced up against the USD to roughly a week high before the weekend. At the start of the week, the pound jumped up slightly on the back of…

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Weekly Market Update

Post date: 02/03/2018 16:58 GBP The Sterling ended the week at a 6 week low against the USD and a 3 month low against the EUR. Not much information data wise for the UK but Brexit speculation is causing problems for the pound with a potential government collapse. Talks of a general election could open…

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