Sterling slips as PM Johnson raises National Insurance.
GBPUSD, H1 The Pound has posted new lows for the week against both the Euro and Dollar. EURGBP has traded over 0.8600 for a 33-day high today at 0.8610….
Read More »Brexit endgame remains in sharp focus!
The USD has remained soft in quiet conditions, while global asset markets have seen little direction. The US Thanksgiving holiday has quelled activity. Europe’s Stoxx 600 traded near flat. Most…
Read More »Sterling – Today and further ahead
GBPUSD, H4 Cable has recouped to over 1.2600 after ebbing to a 1.2517 low in Asia. The pair is lacking direction overall with the pair near to midway levels of…
Read More »UK debt to GDP ratio rises above 100% for first since 1963
The UK government’s debt rose above 100% of its gross domestic product (GDP) in May due to a surge in spending to counter the coronavirus-induced slow
Read More »(EUR)OPE vs (GBP)OUND
The UK government is disappointed, with Downing Street sources cited by the Guardian saying that the decision by EU fisheries ministers not to change course on their position — to…
Read More »Cable slips a whole big figure
GBPUSD, H1 Cable posted a two-day low at 1.2504, which is down by over a big figure from the one-month high that was seen yesterday at 1.2616. In UK news,…
Read More »Sterling mixed as key month starts
GBPUSD, H1 The final May UK manufacturing PMI was revised fractionally higher, to 40.7 from the preliminary estimate of 40.6. This marks an improvement from the record low that was…
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