The weak US$ has impacted on most export prices in past weeks, but obviously the opposite impact is the more favorable rates for conversion into Euro’s and Sterling. Otherwise the markets are somewhat starved of news. Speculation around Brexit talks, and Trump administration auction of $ 250 billion of US government bonds and who has bought them. Of course, the endless chain of resignations, and speculation around the administration also adds gossip to market tendencies.
Since the beginning of 2018 the US$ has faired badly and both Sterling and the Euro have made strong gains. This is partly due to other regions hinting at rate rises to match the US treasury, hence taking potential forward strength out of the dollar. Weakening inflation in UK, non-approval of US budget by congress, […]
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 […]
We would like to extend our thanks and to all who chose to enter the competition and support our fundraising efforts: so far we have raised over £8,500
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 …
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 …
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 …
Jenny bravely faced many health issues in her short life but never allowed them to restrict how she lived. She loved and cared for our fragile natural world and wanted to make a difference. Now Jenny is no longer with us, I ask you to help make a difference in her absence.
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 […]
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.