Market Update
- Posted by Shyam Gokani in Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- June 30, 2021
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The British pound is slightly lower this morning as investors waited to hear whether Britain and European Union will agree to extend an exemption on customs checks on chilled meat shipments to Northern Ireland. The current grace period waiving checks on British-made sausages and other chilled meats moving to Northern Ireland is due to end […]
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Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Dollar, Economy, EUR, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- September 25, 2020
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British consumer confidence ticked up in September to its highest level since the coronavirus lockdown started in March, but it remains well below its pre-pandemic levels, a survey showed this morning. The GfK Consumer Confidence Barometer rose unexpectedly to -25 in September from -27 in August. A poll of economists had pointed to an unchanged […]
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Market Update
- Posted by currencies in Bank of England, coronavirus, Retail Sales, Sterling, UK, Uncategorised
- June 19, 2020
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Sterling rose slightly but remained under the $1.25 mark after hitting almost three-week lows as retail sales rebounded in May more strongly than hoped with the country gradually relaxing its coronavirus lockdown. British retail sales jumped 12% last month after a historic 18% slump in April, official data showed. Consumer confidence figures for May were […]
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Market Update
- Posted by currencies in Brexit, coronavirus, Currency, Retail Sales, UK, Uncategorised
- May 22, 2020
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Sterling edged lower against both the U.S. dollar and the euro as fresh data showed retail sales fell by a record 18% as the coronavirus crisis hammered the economy and while U.S.- China tensions boosted demand for the dollar. British retail sales fell by the most on record in April due to the lockdown. In […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, election, EUR, GBP, Mark Carney, No Deal, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- February 21, 2020
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Pound Sterling has dropped to a three month low against the Greenback on Thursday as the U.S. currency’s has out performed undoing the recent pound gains that were driven by the appointment of a new British finance minister Rishi Sunak. Since the high of 1.3070 after the appointment of Sunak the pound has now lost […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Rate Cuts, Referendum, Retail Sales, Sterling, UK, Uncategorised
- February 20, 2020
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The Pound has retraced against the Euro proving that the rate is uncomfortable above 1.20 against the Euro and 1.30 against the USD. Due to ongoing concerns that the EU and the UK are moving further apart within the trade talks. Many analysts have mentioned that we cannot rule out a no-deal Brexit by the […]
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20/01/20 – This Morning’s Exchange Rates
- Posted by currencies in Retail Sales
- January 20, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Last week Retail Sales figures disappointed coming out weaker at 0.7% against the anticipated 3% rise. Large name retailers across the UK have stressed that December’s sales were the […]
READ MOREMarket Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, Fed, GBP, Mark Carney, No Deal, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- January 20, 2020
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Last week Retail Sales figures disappointed coming out weaker at 0.7% against the anticipated 3% rise. Large name retailers across the UK have stressed that December’s sales were the worst they had seen in years. Throughout last week Sterling had the worst performance out of all the major currencies. Moving onto the upcoming week it […]
READ MORESterling Stays Steady
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, election, EUR, GBP, Retail Sales, Sterling, UK, Uncategorised
- November 14, 2019
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Sterling kept within its recent trading range this morning, but this week could prove its second best so far this month as expectations that the Conservative Party may win a majority in the Dec. 12 national election fuel investors’ optimism. British Prime Minister Boris Johnson’s Conservatives have a 10-point lead over the main opposition Labour […]
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Sterling Continues Small Gains
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Economy, EUR, GBP, Inflation, No Deal, Retail Sales, Sterling, UK, Uncategorised
- August 16, 2019
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The pound gained for a second consecutive day today after a stream of resilient economic data this week calmed sentiment on the health of the UK economy and as opposition parties launched plans to block a no-deal Brexit. British retail sales unexpectedly expanded in July and signalled that consumers were taking the prospect of Brexit […]
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