May
11
Still no Government GBP up vs EUR, down vs USD
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It was another tumultuous day yesterday in the markets, and at Westminster, as the weekend’s events continue to impact on the markets. The EU bailout package has given the optimism a massive boost…read more
May
10
Pound suffering from hung parliament
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As the election was held last Thursday the MPC meeting has been put back to today, although as there is to be no change in rates or policy it will add little to the picture. There is little else out today to exercise the markets, so they will be left dealing with the fallout of the election and the Greek crisis…
Apr
30
Pound pushes up against EUR and USD
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May day is normally a day of left wing protest around Europe and this year the Greek protesters will have something to focus on, the scale of the protest may weigh on the Euro over the weekend, although a bail out next week should help the single currency.

