Third Wave Looms Over Europe

GBP Although there was significant intraday volatility throughout the week the pound ended the week flat versus the euro and down 0.4% to the dollar. The Bank of England’s monetary policy committee meeting was the main talking point for the where the bank voted to unanimously keep rates at 0.1%. Though the pound did not…

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Bonds Selloff Gives the Dollar Short Term Strength

GBP The unrivalled strength of the Pound driven by the vaccine rollout now looks to have come to an end as the bond and equity markets had a difficult week. Sterling ended the week 0.6% lower against the dollar, most of this move came after the equity sell off in the United States on Thursday…

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