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Daily Currency Reports
Keep up-to-date with the currency markets
Sterling slides to near 2 year lows against the Euro
9th August 2019
There was plenty of activity on the currency markets yesterday with Sterling weakening to its lowest level against the Euro since August 2017.
Trump takes aim at the Federal Reserve
8th August 2019
It was yet another quiet day on Wednesday in terms of economic data, with Sterling continuing to be undermined by the prospect of a “no deal” Brexit.
Could escalating trade wars prompt a further rate cut?
7th August 2019
Sterling remained fragile yesterday despite several positive comments from Irish Prime Minster Varadkar, who highlighted the uncertain path ahead.
Political and trade uncertainty continues to drive FX markets
6th August 2019
The Pound continued to struggle yesterday, sliding to it’s lowest against the Euro since September 2017 representing a 23 month low.
Bank of England holds interest rates
2nd August 2019
The big focus yesterday was on the Bank of England (BoE) as they delivered their latest Super Thursday meeting.
Fed cuts and Trump tweets
1st August 2019
As widely expected the US Federal Reserve cuts its policy interest rate by 25 basis points at last night’s Federal Open Market Committee (FOMC) meeting.
Sterling remains near 28 month lows
31st July 2019
Sterling remained fragile yesterday as political uncertainty continued with PM Johnson reiterating that the UK would leave the EU on October 31st.
Sterling has biggest one day slide in two years
30th July 2019
Sterling had it biggest single day loss in two years yesterday as PM Johnson doubled down on the strong rhetoric against the EU.
Sterling trades near 28 month low as political uncertainty rules
29th July 2019
Sterling remained on the backfoot throughout the course of last week amidst heightened political uncertainty.
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