Market report: Brexit tensions weigh on pound

GBP Sterling continued its descent against the euro and dollar on Tuesday as investors soured on the currency. This follows EU threats to impose sanctions on UK exports to Northern Ireland. The bloc’s stated they’re willing to act “firmly and resolutely” if the UK reneges on its commitments to implementing the Northern Ireland protocol. The warning was sent by Maros Sefcovic, […]


Vaccine Rollout Key to Quick Recovery

GBP Yesterday there was very little market news due to the US bank holiday Martin Luther King Day so the market was flat throughout the day. Boris Johnson told business leaders yesterday that efficient delivery of the coronavirus vaccine is Britain’s best economic recovery tool as he promised a sustainable fightback from the worst recession […]


Brexit: how will the pound perform in 2021?

As hard as it is to believe, Brexit does not hold the record when it comes to prolonged processes. Take the BasĂ­lica de la Sagrada FamĂ­lia in Spain for example: work began on the world-famous church in 1882 and it is still not finished. The Brexit free trade deal was achieved in a relative blink […]

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Monthly Currency Market View April 2020

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