The month of May marked the end of British Prime Minister ‘May’, and was ultimately about continuations of previous stories and themes, the outcome of the European Elections and the start of the Conservative leadership race.
Uncertainty surrounding the Brexit process has continued to dominate the headlines and drive much of the volatility in the foreign exchange market in the past few weeks.
Although the clocks went forward, they did not shed any fresh light on Brexit. The stalemate continued and the EU granted an extension to Article 50 until Halloween, by which time the clocks will have changed again and we’ll probably still be in the dark.
To oil or not to oil? How is the UAE diversifying its economy to attract investment? As oversupply concerns curtail the global oil price’s trudge back upwards following its flirtation… read more →
The Federal Reserve delivered a very dovish surprise at its monetary policy meeting in January, signalling that its current interest rate hike cycle that began in late-2015 could be at… read more →
January can be summed up by what we didn’t find out rather than what we did. In the UK, we had all expected to finally know what the prime minister’s… read more →
When the United Kingdom went to vote on the Brexit referendum in 2016, most people assumed that a decision to leave the European Union would have an effect on the… read more →
As the Brexit deadline draws ever closer, it remains to be seen whether London will keep its place as the top financial centre in the world as is currently recognised… read more →
As a forex trader, it should already be routine for you to check the news every day for the latest in foreign currency price moves. “Blink, and you’ll miss it”… read more →
There were no real surprises whatsoever in last week’s US congressional midterm election, a far cry from Donald Trump’ shock Presidential election victory back in November 2016. Almost fully in… read more →
Fears of a potentially damaging global trade war have dominated much of the headlines in the foreign exchange market in the past couple of months, particularly across the Atlantic. We… read more →
The week started very quietly in terms of economic data, although more Brexit fears caused the pound to weaken against the US dollar. There have been some encouraging headlines about… read more →
As is becoming standard nowadays, there were political distractions in the United States throughout September. However, this time the only real attention on Donald Trump was by association. His pick… read more →
If we look back at sterling’s movements over the past month we can see they have been fairly sedate. Of course, there have been instances of intraday volatility but overall,… read more →
The Turkish Lira (TRY) has sold-off violently in the past month, extending its slide to over 40% since the beginning of the year and emerging as one of the worst… read more →