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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

04 Dec 2019

The Pound to Euro exchange rate has been trading at its highest level since May 2017, while the Pound to US Dollar exchange rate has been trending at its strongest levels since May 2019.

Sterling adopts firmer tone

02 Dec 2019

The main currency pairs were confined to narrow ranges last week. Although, Sterling has adopted a slightly firmer tone on the back of opinion polls that continue to show a healthy lead for the Conservatives ahead of next week’s UK election.

Sterling rally falters on politics and disappointing data

25 Nov 2019

The first head-to-head between Labour leader Jeremy Corbyn and Prime Minister Boris Johnson took place, with viewers surprised at Corbyn’s performance.

Tories take the lead and Sterling streaks ahead

18 Nov 2019

The Pound reached its highest level in six months against the Euro last week as optimism increased that a Conservative Party win could occur in the December election.

A split vote and lower growth

12 Nov 2019

Last week, Sterling came under pressure when the Bank of England chose to keep interest rates on hold, but not unanimously. This was the first split vote since June 2018, with two members of the Monetary Policy Committee voting for a rate cut.

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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).