Yearly Archives: 2019

Welcome boost for Sterling after a flat April

1 May, 2019

Rob Bastin

Throughout the month of April Sterling market’s have been incredibly subdued, with many key pairs trading sideways in a small range for a number of weeks. Brexit has taken a breather over Easter but risk levels are likely to increase significantly in the coming weeks, whether you are buying or selling the Pound. In the […]

Mayday call from Tory Party – Has the countdown to the PM’s departure started?

30 April, 2019

Reports are now emerging that suggest the countdown to Theresa Mays departure may be on, due to her failure to deliver a Brexit deal. May is to appear before an emergency general meeting in June of all 800 conservative constituency chairs and senior activists, who will then decide whether they should demand her resignation. Reports […]

The weather is changing but are negotiations

29 April, 2019

Bradly Ronan

Tories hold back on any manifesto covering the Euro elections as they plan to fulfil Brexit avoiding any need to stand in the elections, but will this plan hold out or backfire? Be sure to stay in touch with your account manager to stay on top of any outcome taking full advantage of any spikes […]

The UK needs to leave the EU quickly and cleanly

26 April, 2019

Annabel Gorrie

Jeremy Hunt, Britain’s foreign secretary reiterated yesterday that the UK simply needs to get on with it and needs to leave the EU quickly and cleanly. This seems to be the consensus across the board; we need to have some clarity soon so we can plan for the future accordingly. Businesses and individuals are limiting […]

Another flat day in the currency markets

25 April, 2019

Nakhil Mahra

Yesterday saw another muted day on the currency markets, trading remaining within a tight half a cent range, following the trends of the past week. With no major data to trade on, all wait seems to be for the next big Brexit announcement. Talks continued yesterday between the Tory and Labour parties, but still, no […]

A Dull Day on the Markets

24 April, 2019

Grace Rae

Much like the looming rainy weather we are set to receive over the coming days, the markets could similarly be set for further doom and gloom in the coming weeks. Yesterday, rates traded fairly flat with GBP-EUR remaining within a half a cent range, providing no real swings or cause for excitement while the afternoons […]

Game of Crones

23 April, 2019

Paul Newfield

After somehow angering many in the EU Brexit negotiating collective about breaking for Easter holidays, immediately after reaching an agreement over an extension, British MPs return to work after a short period away from the commons. There was nothing of note data-wise on Good Friday or yesterday on Easter Monday and this trend continues with […]

All Quiet On The Western Front

18 April, 2019

Samuel Roberts

Over the last few days, the market has slowed right down in its’ volatile nature. Partly because both houses (Commons and Lords) are on their respective Easter Break’s and Brexit has been pushed back until the end of October. Another reason is that the markets are relying more on economic data, something that they understand […]

Sterling Remains Weak

17 April, 2019

Simon Eastman

Even with the Easter break in Parliament, the pound still can’t shake the doldrums it finds itself in, despite some fairly good jobs data. UK unemployment held at 3.9 percent, some of the lowest levels seen in years, as the rate of people within the UK without jobs continues to decrease. Average earnings also came […]

3 days of key UK data

16 April, 2019

Rob Bastin

Yesterday’s trading was understandably quiet for Sterling markets as Brexit takes a somewhat welcomed back seat for the Easter period. Parliament are on recess currently and so the current lower volatility levels could well continue in the short term. This said there is a good chance that in this Brexit lull markets refocus on some […]