All the latest news from Worldwide Currencies2020-03-31T22:02:37+00:00
Daily Report

Daily Report: 2nd December 2021

GBP After benefitting from improved “risk“ market sentiment yesterday, sterling has started the morning session on the backfoot as traders pare their expectations of a Bank of England rate rise at this month’s meeting. Since the Omicron variant emerged last week, financial markets now see a 60% chance of a hike at the December 16 meeting down from 80% before. Speaking yesterday, the Bank of England Governor acknowledged that the economic impact of Covid-19 remains strong, when asked to assess the news of the new variant. Brexit news was also a concern for investors as European Commission [...]

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Previous Daily Reports

Daily Report: 26th November 2021

GBP Sterling has begun the day under pressure, suffering as a newly identified and a possibly vaccine-resistant coronavirus variant drove investors out of riskier assets amid fears of a fresh hit to the global economy. The pound has fallen around half a cent against both the dollar [...]

Daily Report: 25th November 2021

GBP The pound steadied in early trading after falling to its lowest level in in 11 months against the dollar yesterday. Against the euro, it was largely unchanged. The expected tightening of monetary policy by the US Federal Reserve Bank and Brexit concerns have weakened sterling throughout [...]

Daily Report: 24th November 2021

GBP Sterling remains under pressure against the dollar, but steady against the euro in early trading. On Tuesday, the pound hit a 2021 low against a broadly stronger greenback, hurt by continuing Brexit worries. Yesterday, Maros Sefcovic, vice president of the European commission told reporters that talks [...]

Daily Report: 23rd November 2021

GBP Sterling is down against both the euro and the dollar in early trading hurt by renewed Brexit concerns. Speaking at the Guildhall yesterday, Lord Frost defended his trade policy telling city leaders that divergence from EU rules was a “national necessity”. His comments came after EU [...]

Trading Floor Report

Amir Safir | 19th March 2020

Amir Safir | 13th March 2020

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