Latest Currency Insights

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Coronavirus is not the only reason why Sterling softened…

  As the government prepares to announce details and its goals for the Brexit negotiations, Sterling softened against most major currencies. The Pound is currently trading at €1.1824 against the Euro, but managed to gain some strength…
Euro Dollar and Pound banknotes with a chart in the background symbolising economic data from UK Euro and US concept of recent events affecting currency markets

This week’s top news currently affecting the currency markets

  A lot happened since last Wednesday: important economic data was released and more will be released in the following days. The Pound tumbled at the beginning of the week, but recovered immediately on positive retail sales report from…
US dollar note and a chart on the background symbolising safe haven currencies

Why are investors moving to safe haven?

  Sterling holds up on strong retail report Safe haven buying boosts USD and weakens others   It is a glorious morning in London. I hope you are seeing some of this spring-like weather where you are. This positive start…
US dollar note and a chart on the background symbolising safe haven currencies

Shrove Tuesday brings a slew of economic data

  Improved German data holds Euro but Gross Domestic Product (GDP) awaited CAD stronger on wholesale sales data   In the markets, all the German data we saw yesterday was better than expected. The Euro stabilised when…
US Dollar and Pound - banknotes and coin. Concept economic data from US Eurozone and UK

Here is how this week’s economic data could influence the currency markets

  Impact of Covid-19 still be assessed Heavy week for US data   The markets remained pretty stable over the weekend in spite of further concerns over the covid-19 virus. We have yet to see the full economic impact of…
Magnifying glass and documents with analytics data lying on table symbolising today's data

Sterling still down but expected to improve on today’s data

  UK retail sales support Sterling EU inflation data awaited for EUR US Fed speakers abound   A Strong reading from UK retail sales saw the Pound cease its slide yesterday but the Pound is still down to €1.1930,…
business concept: financial accounting analysis and mixed data

A lot of mixed data was released overnight: Which currencies were affected?

  Chinese new loans at record levels Sterling slips on profit taking   We experienced some technical issues with our website this morning... But we are up and running again. Apologies for the inconvenience this may have…
New British one pound sterling coin. Pound rises on economic data concept

The Pound rises… but watch out for today’s inflation data

  Sterling regains strength after solid employment data US central bank is focus for the afternoon   Solid growth in the UK employment market boosted Sterling yesterday. What appears to have encouraged the markets the…
money and financial chart. UK economic data concept

Could today’s UK economic data revive Sterling?

  Sterling slips but awaits UK economic data Apple warning worries the markets US treasury data should confirm safe haven buying   Lacking UK economic data, the Pound slipped yesterday, dropping below €1.20 and below…
China stock market exchange / Shanghai stock market analysis forex indicator of changes graph. Coronavirus cases impact on chinese stock markets theme

Coronavirus cases decline: What does this mean for the Chinese stock markets?

  US and Canadian holidays leave markets quiet Japan’s economy contracts by 1.6% in Q4 Coronavirus cases slowdown   A slowdown in the cases of Coronavirus - or Covid-19 as it now likes to be known – has allowed…