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Weekly market update

Our guides, blogs, and market updates are designed
to give you more insight to make smarter decisions.

Weekly market update

Extreme volatility

30 Mar 2020

Markets continued to experience extreme volatility last week as the spread of the coronavirus intensified

Safe-havens in demand

23 Mar 2020

Last week, the Euro declined against the US Dollar, with further softness a possibility should the effects of the coronavirus continue to dampen the economic outlook.

Coronavirus spread sours market sentiment

16 Mar 2020

Markets experienced some extreme volatility last week as the spread of the coronavirus continued. The Pound sank to interbank levels as low as 1.23 versus the US Dollar...

BoE makes emergency rate cut, new Budget unveiled

11 Mar 2020

The Bank of England made an emergency interest rate cut this morning, just hours before the UK’s Budget was announced. The Pound fell across the board after the central bank opted to reduce rates...

Boris rattles Pound, Euro on the rise

02 Mar 2020

The Pound came under pressure last week, slipping by over 1.0% against the US Dollar and by around 3.0% versus the Euro after the UK revealed its Brexit negotiating position. British Prime Minister Boris Johnson suggested...

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Global Reach Group Limited (company number 09907831), Global Reach Partners Limited (company number 04344764), Global Reach Markets Limited (company number 07026070) and Foreign Currency Exchange Limited (company number 5452483) are all part of the Global Reach corporate group. All companies are registered in England with their registered office at 2nd Floor, Woolgate Exchange, 25 Basinghall Street, London, EC2V 5HA. Global Reach Partners Limited is authorised by the Financial Conduct Authority (FCA) as an Authorised Payments Institution (FRN 504315). Global Reach Markets Limited is authorised and regulated by the FCA as an investment firm (FRN 526549). Foreign Currency Exchange Limited is authorised by the FCA as an Authorised Electronic Money Institution (FRN 900205).