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Local boy's football team SL Unicorns at the 2017 Christmas party

Happy Christmas from Sierra Leone!

Season’s greetings from our favourite football team, the SL Unicorns. A quick update and hello from the SL Unicorns, pictured here at the club’s Christmas party. Since 2012 we have been supporting local football in Freetown, Sierra Leone, with contributions toward kit and training facilities as well as sponsorship for some of the boys to attend […]

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Market Report: December 2017

Brexit dominates the €/£ situation and will continue to do so for sure. Each currency fluctuates on specifics, whether it is a relatively well received UK budget, or pressure for a more defined plan for EU quantitative easing, on political uncertainty in Germany. We would fully expect the currency to continue in current range through December …

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Market Report: November 2017

A fairly stable month on the FX market, some ups and downs, but generally currencies have settled to where they started the month. In the UK strong growth figures bring an interest rate rise closer, whist Brexit negotiations, or lack of, add nervousness …

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Market Report: October 2017

The pound has fared well over the last month, due to stronger signals regarding interest rate hikes, and positive data on employment etc. But going forward it will continue to respond to progress in the Brexit negotiations and inflation rate figures …

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Market Report: September 2017

Both US and EU data are strongly positive at present, with the US winning slightly and thus strengthening against the Euro. The North Korean missile situation is probably hampering the US dollar somewhat too, and this seems likely to continue for some time. In the UK stalemate over Brexit talks, anxiety about potential labour shortages […]

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Market Report: August 2017

The period has been dominated by US dollar weakness as the political turmoil, and lack of progress continues in America. Combined with generally good economic data emerging from the Eurozone it has resulted in the Euro rallying significantly against the Dollar. Sterling has also done well despite lacklustre news against the dollar, but slipped slightly verses the Euro.

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Market Report: July 2017

Sterling re-established itself at levels against the US Dollar that were last seen prior to the result of the UK General Election a month ago, touching 1.30 briefly at the close of June. The reason for the about turn on Sterling were the comments made by the Bank of England Governor Mark Carney who, from a week earlier had said that an interest rate hike was unlikely which had led to a selloff in the pound, to hawkish comments that the Bank would start to reduce Quantitative Easing and that they would need to manage inflation = interest rate increase?

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