Pound falls to lowest levels since 1985 on shock ‘Brexit’ result

Written by: Alastair Archbold FX Manager T: 01442 892 066 In a shock result that markets did not see coming, the UK has voted to leave the EU. Sterling has fallen to its lowest levels since 1985, dropping to $1.35 against the Dollar, and €1.20 against the Euro, before recovering slightly. It’s a 10% drop … Read more Pound falls to lowest levels since 1985 on shock ‘Brexit’ result

It’s Finally Here…

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 After months of discussing, dissecting, arguments and polling- the EU Referendum is finally upon us. For the casual bystander it has been one of the most divisive periods of British political spectacle in recent memory. There have been highs, watching the Tory civil war … Read more It’s Finally Here…

GBP/CAD falls after Trade Balance figures

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] GBP/CAD falls after Trade Balance figures Today we finished the week with some much better than expected figures from Canada. The latest trade balance figures were forecast for a negative -1.0Bn but the actual numbers showed only -0.7Bn. Labour productivity was also better than expected at 0.1%. … Read more GBP/CAD falls after Trade Balance figures

Will Britain leave the EU?

Written by: Richard Beaumont T: 01442 892 060 E: [email protected] What is moving the rates this week This week there is plenty of influential data being released that could move the exchange rates dramatically. The headlines, however, have been dominated by the news of a possible British exit from the EU, as David Cameron has announced the referendum will … Read more Will Britain leave the EU?

The Queen Steps in telling Scots to “think very carefully” about voting for independence

The Queen Steps in telling Scots to “think very carefully” about voting for independence Good Morning and welcome to the start of a new trading week, one that could see the breakup of the world’s oldest Union when Scots go to the polls on Thursday to vote ‘Yes’ or ‘No’ on independence from the UK. … Read more The Queen Steps in telling Scots to “think very carefully” about voting for independence