by Christopher Nye | Oct 31, 2022
Newspaper allegations surfaced over the weekend claiming that former prime minister, Liz Truss’s phone was hacked by suspected Russian agents. This was said to have happened while Truss was foreign secretary. A Labour party spokesperson said the reports have raised...
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by Charles Purdy | Oct 31, 2022
Sterling starts the week at its strongest for around two months against the euro and US dollar. There all similarities end, however, as against the dollar it is well below the average for the last five years whereas against the euro it is well above. This is a week...
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by Julian Benson | Oct 28, 2022
Yesterday the pound reached a 10-day high versus the euro after the European Central Bank (ECB) raised its interest rates by 75bps. The pound reached its highest level against the US dollar since mid-September yesterday as investors reacted to Rishi Sunak’s first...
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by Julian Benson | Oct 28, 2022
The European Central Bank raised its interest rates by 75 basis points during its October meeting. This was in line with forecasts. In reaction to this data release, the single currency edged lower against the other major currencies. Against the US dollar, the euro...
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by Julian Benson | Oct 28, 2022
Sterling climbed back to its October high, following the abnormally large interest rate increase announced by the European Central Bank yesterday. Yesterday the pound made gains versus the US dollar as economic data sparked concerns about a US recession. GBP/USD past...
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