Showing articles for September 2016

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Bad month for sterling

30 September 2016
Ashley Finill
Today is the last trading day of the month as September draws to a close in what has been a testing and turbulent time for Sterling. The beginning of the month saw a bright start for sterling, with...

End of month stability for sterling

29 September 2016
Ashley Finill
Yesterday was a fairly quiet day on the currency market due to little data being released as the month draws to a close, the pound has received some much welcome breathing space....

Small sterling respite

28 September 2016
Grace Rae
Yesterday the Pound saw a small relief in GBP-EUR following a downward run in Pound strength in recent weeks and gained almost a cent as the trading day progressed.

Pound flirts with 2013 low rates

27 September 2016
Robin Haynes
There was no Monday cheer for the Pound yesterday, as losses continued after last week’s bloodbath on the foreign exchange markets. By midday, against the Euro we flirted with the...

Tough times for the Pound

26 September 2016
Tom Arnold
Last week was a very bad week for the Pound, with little data of importance coming out and the data that did come out not helping to provide any support for a now very out of favour Sterling.

Markets focus on US Dollar sentiment

23 September 2016
Rob Bastin
Thursday’s trading was absent of any notable eco-stats and so instead traders were reacting to the previous nights announcement from the Federal Reserve with their decision to...

Dollar surge ahead of Fed meeting

21 September 2016
Simon Eastman
Sterling was the loser on Tuesday as markets had no U.K. data to go on, we saw the pound drop significantly across the board. Brexit fears are back in play with sterling under pressure from an uncertain future for the UK.

The FED and BoJ dominate an otherwise quiet week

20 September 2016
Tom Arnold
This week is a relatively quiet one with only really two events of critical importance to trouble the markets – the Bank of Japan’s monthly policy statement and the US Federal Reserve’s policy statement.

Sterling fight back comes to an end

19 September 2016
Ashley Finill
Last week saw Sterling’s fight back from the start of the month come to an end and on the back foot once again commencing it’s journey on the expected downward trend. The start of September saw..
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