• PM May’s speech could define Sterling’s value long term

    With Theresa May expected to give a Brexit update and detail an offer to the EU during her speech from Florence later today, the Pound’s fortunes are currently in her hands.

  • Is the Euro on the ropes?

    With the expectation that Angela Merkel will win the German elections on Sunday, the key event to affect rates today is likely to be Theresa May’s Brexit speech.

  • Can you trust the US Dollar to fightback?

    When considering the Dollar’s potential to strengthen I would look at the lack of reaction from the markets to the Fed’s clear indications they hope to raise US interest rates again before the end of 2017.

  • Twelve week high to buy CAD with GBP

    Although the Pound is performing well against the Canadian Dollar the long term outlook for the CAD still looks positive. Yesterday the CETA agreement came into play with it’s aim to strengthen the bond between Canada and EU members.

  • Pound Sterling value on the rise

    Following the Bank of England’s comments regarding a potential UK interest rate rise in the coming months, all eyes now turn to Prime Minster Theresa May’s big speech in Florence tomorrow.

  • Selling Euros at positive levels

    With the Euro still in a strong position the German elections are the next major event which could impact Euro exchange rates. Although Angela Merkel is expected to be re-elected, any uncertainty can cause movement.

  • Is the US Dollar set for further weakness?

    Although we saw some positive news for the US Dollar overnight, the trend has been for USD weakness and I believe this will continue over the coming weeks.

  • More positive outlook for UK economy

    The UK economy is currently being held in a more positive light, although GBP exchange rates did dip slightly yesterday on news that any rise in the interest rate would be limited and gradual.

  • German Election causes volatile week for EUR exchange rates

    Germany go to the polls to vote in their election this Sunday and although Angela Merkel is expected to be re-elected as the German Chancellor for a fourth time, we could see some volatility for EUR exchange rates this week.

  • US Dollar under pressure from North Korea concerns

    With so many opportunities for the US to impress the markets today, any clients looking to purchase US Dollars with Sterling may be wise to make arrangements ahead of the FED interest rate announcement.

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