Hawkish BoE Helps Sterling Recover

GBP The pound has had a good start to October recovering by 1.6% versus the dollar and 2% against the euro. This rally has been fuelled by the recent reactions from central bankers to rising inflation rates with the Bank of England being seen as the first to raise rates. This was further backed up…

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Super Thursday Expected to Drive Volatility

GBP The Pound had a difficult week, losing ground against every G10 currency apart from the New Zealand Dollar. Against the Euro, Sterling finished flat but lost a quarter of one percent to the US Dollar. The Pound has suffered due to uncertainty around the full reopening of the economy on the 21st of June.…

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