Archive | May, 2016

Market Report: May 2016

Following on from last month’s report, the US$ weakness that was missing after Yellen’s statement in interest rate policy has started to impact along with good UK GDP figures. So we see Sterling at a high point of the last three months. Similarly the US$ has weakened against the Euro to its lowest level since June 2015, and the Eurozone appears to be shrugging off recession, having increased its GDP to pre-recession levels.

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