November 14, 2018
GBP bills and coins

Will GB Pound Exchange Rates Continue to Strengthen or Does Jo Johnson’s Resignation Spell Further Losses?

The Pound has risen on the crest of a wave over the last few weeks with rumours of a secret Brexit deal circulating in the media. Markets must have believed the hype as GB Pound exchange rates have held onto their gains this week, however, has seen the GBP devalue slightly whilst much of this […]
November 8, 2018
sterling pound on the UK flag

Sterling Rockets As City Deal Is Close to Getting The Green Light

Sterling exchange rates picked up the pace finally as hints that a deal could be struck emerged between the UK and EU emerged this week. Whilst the divorce settlement and Irish border issues still remain problematic it appears a deal could have been struck on UK financial services post-Brexit. The progress on talks was highlighted […]
November 1, 2018

GBP/EUR Currency Pair Approaches Month Low as NIESR Paint NO-Deal Picture

The Pound fell sharply today following a report which showed the financial and growth implications of a No-deal and soft Brexit outcomes. The report published by the National Institute of Economic and Social Research highlighted the financial implications of both scenarios. The report which was released in a timely fashion with Halloween just around the […]
October 22, 2018
Bitcoin Trader Concept. Trading Bitcoin Cryptocurrency Conceptual Finance Illustration.

Mid-October Cryptocurrencies Market News

Argentina, Venezuela And Egypt reach record P2P bitcoin trading volumes To complement what has been very successful for India, the struggling economies of Argentina, Venezuela and Egypt have also registered a huge spike in the P2P cryptocurrency trading, albeit for different reasons. According to the report, Peer-to-peer (P2P) trading platform LocalBitcoins hit record-breaking Bitcoin trading […]
October 17, 2018
Display of Stock market quotes

8 Reasons Why the Global Financial Markets Fell

Stocks across the globe had their worst day in 8 months on Wednesday, with tech shares worst hit, coupled with higher interest rates, spooking all types of investors. We’ve summarised why the markets took a battering this week. Interest rates It’s no secret the Federal Reserve is raising interest rates. What that means is it’s […]
October 9, 2018
Sign at a stop junction in Ireland saying "Hard Border Ahead"

Potential Border Concession Boosts GBP Exchange Rates

GB Pound exchanges wrestled away from near month-long lows this week following hopes that a potential solution on the Irish could materialise. The solution which has received support from the Irish government could provide a resolution to one of the most challenging parts of the UK’s Brexit negotiations. The rumours have increased market confidence that […]
September 25, 2018
Negotiation of Great Britain and European Union (Brexit). Statesman or politicians with clasped hands.

The Pound Collapses as UK Head for No-Deal Brexit

The Pound tanked late last week as Theresa May announced that despite the UK’s willingness to negotiate and make a deal with the EU, the Chequers plan was the only plan on the table. The admission threw doubt on a resolution between the UK and EU. Her speech followed a disastrous summit in Saltsburg whereby […]
September 18, 2018
Brexit and EU flags on rain

Carney Fires No-Deal Brexit Warnings

Alongside the Bank of England’s interest rate decision which saw rates remain on hold at 0.75% in a unanimous vote, Carney also highlighted the some of the challenges the UK economy could face in the outcome of a No-deal Brexit. These included a significant devaluation in the UK property market and falls in Sterling exchange […]
September 11, 2018

Did Germany Offer the UK Brexit Deal Hope? FX Markets Think So

The Pound appreciated significantly this week as a number of comments from Europe boosted GBP exchange rates, with comments from Germany and chief EU negotiator Michel Barnier striking a positive tone and insinuating that the UK and EU may still have the opportunity to strike a mutually beneficial deal. The more positive murmurs from Europe […]