February 12, 2019
Sterling was back on the defensive again as European markets opened for the week on Monday.
The UK currency fell to its weakest position in three weeks as traders grew increasingly pessimistic that Theresa May will come back with any form of concessions from the Europea...
November 26, 2018
Financial markets worldwide continued to sell-off during the US Thanksgiving holiday.
In the absence of any major monetary or economic news, currency markets took their cue from other risk assets and reacted according to script. Commodity currencies like the Australian...
August 22, 2018
The Euro continued to recover ground against the US Dollar yesterday, rallying by around half a percent on Tuesday back towards the 1.16 mark.
With fears over Turkey taking a back seat for now, investors have unwound many of their recent safe-haven flows and poured back...
August 20, 2018
Attention continues to be focused on Turkey, as the Lira responds to political developments swinging wildly in both directions.
While major G10 currencies ended the week not far from where they began, the volatility in Turkey spooked emerging market investors. The Lira...
August 15, 2018
The Pound continued to lose ground against a broadly stronger US Dollar on Tuesday, briefly falling below the 1.27 mark this morning, as ongoing concerns over Turkey led to another risk off session.
Tuesday’s UK labour report was also very mixed. While there a was an en...