Market Commentary

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November 15, 2019

Sterling's onward march continues with the currency touching a fresh 6-month high against most majors.

This was due to the currency markets ignoring the week’s macro-conomic UK data releases. UK GDP, employment and earnings data, CPI inflation and retail sales, all came...

November 8, 2019

Yesterday the Bank of England's Monetary Policy Committee voted 7-2 to leave interest rates unchanged. So rates remain on hold for the 15th month in a row. A pretty underwhelming announcement; marking a non-newsworthy event, right? Wrong! Not in the world of foreign ex...

October 18, 2019

Finally, the frantic negotiations have been concluded and the so-called "deal" (Withdrawal Agreement) between the UK and the EU has been agreed. Sterling performance did not disappoint - rising to 5 month highs against the Euro and the US Dollar.

The deal was announced...

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