August 12th, 2022
By Christopher Nye
Sterling ends the week slightly weaker against the euro and the dollar following UK GDP data. The UK economy contracted between April and June, albeit by less than...
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August 10th, 2022
By Christopher Nye
The economic weight continues to pile on for UK consumers this month, as both house and energy prices are expected to soar. Consultancy Cornwall has warned that energy...
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August 5th, 2022
By Christopher Nye
The pound fell yesterday following the Bank of England’s decision to raise UK interest rates by 50 basis points. This brought the rate to 1.75% and was the largest hike...
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August 2nd, 2022
By Christopher Nye
What is business optimism and how does it impact the market? Well, business optimism has a significant impact on markets and exchange rates (especially if the...
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July 29th, 2022
By Christopher Nye
Sterling’s rise against the US dollar has continued through the week and it now stands well over 2% stronger than last Friday. Against the euro the rise has been...
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