GBP Today see’s the eagerly anticipated announcement of the UK’s lockdown exit plan, with investors awaiting to see whether the details will be overly cautious or if the economy will reopen in large chunks. This follows on from last week, where the pound was yet again the best performing major, hitting three year highs against […]
GBP Yesterday Rishi Sunak unveiled future plans for UK spending, painting somewhat of a bleak picture for the road to recovery. The update confirmed that GDP will contract by 11.3% in 2020 and the government deficit was around 19%. In addition to this, UK borrowing will hit an all-time high with almost 400 billion being […]
GBP Sterling weakened on Thursday after news that Britain’s economy grew by a slower-than-expected 1.1% between August and September, a pace that leaves the UK lagging behind other rich nations attempting to recover from the coronavirus pandemic. The reading that was below market expectations weighed on the pounds recent rally and will provide a reality […]
Negativity bias refers to our predisposition to “attend to, learn from, and use negative information far more than positive information”. As the UK faces up to what may be its worst-ever recession, you’d be forgiven for reverting to this default setting. Yes, the Covid-19 pandemic has caused large swathes of the economy to grind 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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