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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

UK growth falls as Brexit deadline looms

12 Aug 2019

UK growth contracted for the first time since 2012, putting more pressure on the UK government seeking an immediate break with the EU.

Pound jumps against Australian and New Zealand Dollars

07 Aug 2019

The Pound has climbed by around 2.0% against the New Zealand Dollar this morning, while also leaping against the Australian Dollar.

'No ifs or buts'

05 Aug 2019

The Pound hit a fresh 28-month low against the US Dollar last week as the threat of a no-deal Brexit increased. Excluding the October 2016 flash crash, the Pound remained just a percent above 34-year lows.

Pound softens as new Ministers talk no-deal Brexit

29 Jul 2019

There are a few events which could impact the GBP exchange rate this week, including the Bank of England’s (BoE) interest rate decision, Inflation Report, and press conference with the central bank’s Chief Mark Carney on Thursday.

Pound hits lowest levels since 2017 awaiting political direction

22 Jul 2019

Last week, the Pound hit its lowest levels since April 2017 against the US Dollar (GBP/USD) as Brexit dominated Sterling once again. Meanwhile, against the Euro (GBP/EUR), the Pound registered its lowest July level on record since the single currency's inception in 1998.

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Global Reach Group Limited (company number 09907831) is the holding company of Global Reach Partners Limited (company number 04344764), Global Reach Markets Limited (company number 07026070) and Foreign Currency Exchange Limited (company number 5452483). 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).