GBP Boris Johnson yesterday confirmed plans to ease lockdown measures from April 12th. This has further boosted GBP, which recently hit a new thirteen month high against EUR and is performing much stronger against USD. As of April 5th, 31,581,623 people in the UK had received their first dose, with 5,432,126 fully vaccinated. This is fueling a real sense of optimism for sterling. Especially as […]
GBP Boris Johnson travelled to Brussels last night in the hope to bridge the gap on a post Brexit trade deal. A final deadline has now been set for Sunday. As a result, sterling fell 0.5% this morning, and continues to fall, with GBP/EUR trading @ 1.10 and GBP/USD trading @ 1.33. The ‘lively’ dinner, […]
GBP Sterling edged higher yesterday as Boris Johnson announced a highly anticipated three tier alert system across the UK. In doing so, he also rejected a second national lockdown saying ‘it would not be the correct course of action’. The new system would see country divided by tiers, and those with the highest infection rates, […]
GBP Sterling fell to five month lows on Friday as fears of the UK leaving without a trade deal weighed on the pound. The pound had its worst week against both the euro and dollar since March when the initial outbreak of Covid occurred. Positive data release showing the economy grew by 6.6% in July […]
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Monthly Currency Market View April 2020
Concerned about currency volatility and its impact on your international payments? Our currency market view explores the key trends and global events that have shaped the currency market in the last month.
- Inside you’ll find:
- Commentary on key global events
- Economic data
- Key events to watch out for in the coming month
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