Archive for: May, 2019

Weekly Market Update

Post date: 28/05/2019 10:48 The resignation of Prime Minister Theresa May on Friday provided the biggest fireworks of the week in the currency markets. The decision and the subsequent leadership fight within the Tory party increases Brexit uncertainty and markets reacted by making Sterling the worst-performing major currency of the week. Elsewhere, it was a…

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Weekly Market Update

Post date: 20/05/2019 11:05 The Pound was the worst performing G10 currency last week as Brexit concerns once again focus traders attention. Theresa May announced she will resign this summer, and Labor leader Corbyn reacted by walking out of the Brexit talks. Elsewhere, while Chinese-US trade tensions continue unresolved, they receded a bit on the…

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Weekly Market Update

Post date: 07/05/2019 11:00 Trump’s tweets on Sunday threatening to impose fresh tariffs on Chinese goods as early as this Friday upended what had been a very quiet week in FX markets. Sterling managed to hang on to the gains it made last week on the back of decent economic news and signs of progress…

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