Picture taken in Iken, Suffolk, pre pandemic. READ MORE
Category: blog
Steady Rise Following A Strong Budget
Well that wasn’t too bad… GBP Remaining on track following a relatively well received budget and a broadly stable global equity market. Without going into too much detail there was additional support of £65BN in 2021/22 from the government, equivalent to 3.1% of 2020’s GDP. Increased giveawyas include an extra £6BN in business rates relief READ MORE
Dip & Turn in The FX Markets
Rally finally out out steam now we’ve hit the end of the week.. READ MORE
Pound needs to cool down
So who banks with HSBC? Reports this morning from them suggesting… READ MORE
Fire & Ice
Boris’ ears must still be burning from his ‘roadmap’ announcement. Will he stick to it? Was it just to shut us all up from all the moaning? Bank of England are playing ball and have put ice on the situation by saying that interest rates will be put on hold for now. READ MORE
Roadmap laid out
So June it is, all being well! GBP As alluded to yesterday our roadmap out of lockdown appears to be a positive one, which has cemented the gains we have witnessed over the past fortnight. In addition we believe that it would be nonsensical for the Bank of England to knock the economy off course READ MORE
Stormy week ahead?
Big day for those of you who are itching to get back into the gym, pub or both! READ MORE
TGIF
Morning all Keeping it brief and positive this morning. GBPUSD 10 ticks off the elusive 1.40!! I reckon we will see it before close of business today – do get in contact if you wish to place a ‘firm order’ when the rate becomes tradeable. GBPEUR Up a collective 3.3% since the beginning of 2021, READ MORE
Making waves internationally
Good news in a graph: GBP & EUR The slow vaccination roll-out overseas appears to have contributed to the sliding EUR rate with industrial volumes of EUR exchange touching 1.15 this morning. Higher levels are possible if our continued vaccination efforts continue at the same rate above. USD Continued exellent news if you’re a buyer READ MORE
GBP facing a defence on the horizon?
Whilst sentiment suggests there is potential for us to stop the spread of Covid, building upon the vaccination rollout and quarantine; can GBP build on its recent gains? GBP & USD A sharp pick up in GBP strength has held its gains over the evening with strong expectations that the UK economy will continue to READ MORE