Another UK Prime Minister gone… Time for Rishi Sunak?

Another UK Prime Minister gone… Time for Rishi Sunak?

Well, it really happened. PM Liz Truss resigned from her post on Thursday after an astonishing 4 weeks on the job, it was clear that the markets were happy with this outcome with Sterling actually rising following the resignation on Thursday, and staying higher...
GBPEUR Rates Rally In Anticipation Of Boe Rate Decision

GBPEUR Rates Rally In Anticipation Of Boe Rate Decision

Over the last week we have seen Pound Sterling exchange rates rally from 1.19 to a close above 1.20- this is mostly traders pricing in the fact that the Bank of England are expected to raise interest rates again this week. Now, once common mistake people make is...
Sterling exchange rates continue to lose ground.

Sterling exchange rates continue to lose ground.

And just like that, another month is about to end and we are officially about to enter October- for a year where we couldn’t do much, time definitely seems to have flown faster than usual! Last week was relatively volatile, in the midst of another announcement...