EUR: Markets await hints of September rate cut

The euro is choppy against the pound this morning, as the markets await the outcome from the ECB’s interest rate decision this afternoon. There aren’t expected to be any changes now, but they are expected to signal a rate cut in September. Asset purchases may also be...


read more

GBP: Pound mixed after yesterday’s uptick

After an uptick yesterday, the pound is looking weak against the dollar this morning and strong against the euro. This comes after Johnson’s seemingly ruthless sacking of ministers when appointing his new cabinet, which sent a strong message that Brexit will be...


read more

Pound up as Boris Johnson takes office

Following an uptick yesterday, the pound is strong again this morning as Boris Johnson takes up office. Following a sweeping cabinet reshuffle, with Brexiteers appointed to most major posts, the markets have perhaps a mixture of worries over the possibility of a...


read more