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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

18 Feb 2019

The Pound hit a one-month low against the US Dollar and tumbled against the Euro as Brexit concerns dented the Sterling exchange rate last week. However, a worsening economic outlook for the Eurozone allowed the Pound to gain against the common currency towards the end of the week

Brexit, US-China trade tensions, and another potential government shutdown take...

11 Feb 2019

Last week, the Pound experienced some volatility when the Bank of England (BoE) signalled a lacklustre growth outlook. In response, Sterling fell before recovering somewhat.

Italy in recession, will the rest of the Eurozone follow?

04 Feb 2019

The Pound’s been trending higher against other currency majors such as the Euro and the US Dollar in recent weeks, but Friday saw the British currency soften.

Pound hits a 20-month high, can it maintain gains with tomorrow’s political de...

28 Jan 2019

Last week the Pound hit fresh three-month highs against the US Dollar, while achieving 20-month highs against the Euro.

Markets await Theresa May’s statement; US economic data delayed

21 Jan 2019

The Pound was able to climb during many of last week’s sessions as optimism that a no-deal Brexit could be avoided swept through the market. Sterling strength prevailed despite Theresa May experiencing a historic defeat in parliament over her Brexit deal.

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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).