GBP Sterling remained under pressure yesterday as investor attention moved away from global risk appetite and back on to Brexit negotiations. Overall market risk appetite has improved in recent days, and yesterday saw that continue as Moderna announced that its vaccine was 94.5% effective in preventing Covid-19. However sterling fell against its peers as traders […]
GBP Sterling slipped from its highs yesterday as recent vaccine optimism has waned and a lack of progress of Brexit negotiations has seen downward pressure. This was then further exacerbated this morning as UK GDP missed estimates coming in below par at 15.5%. However this is a rebound from the previous quarter but does point […]
GBP Sterling was unfazed by Boris Johnson’s announcement that the UK should prepare for a no trade deal on Friday. Optimism is building among investors that a trade deal will be reached and Johnson’s latest announcement could be a ploy in order for the EU to give into the demands of the UK according to […]
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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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