Yearly Archives: 2018

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Troubles for the UK and Germany

12 January, 2018

Paul Newfield

Yesterday saw some movement in the markets with GBP-EUR losing around half a cent throughout the days trading and GBP-USD actually gaining a half-cent in the afternoon. This was caused largely by above expectation figures from Europe including retail sales and industrial production. Negative PPI inflation and initial jobless claims from the US was the […]

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Good Manufacturing and Industrial data has little effect on rates

11 January, 2018

Grace Rae

At the beginning of the week we saw a reshuffle in the Cabinet which had the potential to cause a stir – as a result a couple of cabinet members resign but ultimately the bulk of the cabinet remained intact with a just a few title changes, but too nothing to shocking so the Pound […]

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New Year data begins for the Pound

10 January, 2018

Rob Bastin

Yesterday’s trading saw another very flat day for the pound with GBP/EUR seeing no change and trading within a tight 0.25% range. The US Dollar did enjoy a slightly better day gaining against the Pound and the Euro, with cable rates dropping just under cent, down from the peak buying rates seen since the referendum […]

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No surprise in May’s reshuffle

9 January, 2018

Ashley Finill

The markets re-opened yesterday for the second trading week of 2018. Monday was a fairly uneventful day of trading among the majors with very few data releases to dictate any movement and as a result the market remained fairly stagnant throughout the day. Yesterday’s attention was mainly focused on Theresa May’s cabinet reshuffle of the […]

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Cabinet Reshuffle On The Cards

8 January, 2018

Simon Eastman

Today we expect Theresa May to announce a reshuffle among her cabinet, promoting some and letting some others go in what could prove further political unrest for the ailing pound. Following Damian Greens exit before Christmas, Justine Greening is among those thought to be at risk, with rumours circling that Jeremy Hunt may be promoted […]

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Stagnant trading for Sterling exchange rates

5 January, 2018

Rob Bastin

Yesterday saw a continuation of the flat trading that has been experienced in recent weeks for Sterling markets. There were a few minor UK data releases in the morning, with the focus on the latest PMI figures for the services sector. This sector contributes the largest portion of our overall GDP, and so carries more […]

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Slow start to 2018, but breakout of rates expected imminently

4 January, 2018

Matthew Boyle

It has been a quiet start to the year thus far with relatively little data released for the market to move off. As such rates have remained relatively flat, particularly for the Pound as an undercurrent of Brexit uncertainty continues, and with no real UK data released until the 3rd week of the month. GBP/EUR […]

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Euro Starts 2018 Strong

3 January, 2018

Nakhil Mahra

The first day of trading in 2018 remained fairly flat. With the little data released not doing much to change the markets that have been flat for the last week over the festive period. A New Year but not much change to data figures from the UK, with the year starting on a negative note […]

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Happy New Year

2 January, 2018

Grace Rae

Looking back on 2017 it’s safe to say that it was a year to remember on the markets with Brexit making headlines throughout the year following the triggering of Article 50, both the Bank of England and the FED raising interest rates, leadership votes in France and Germany, President Trump’s various activities, continual political uncertainty […]

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