The Coronavirus is really hammering the stock markets again as more horror stories of the virus arise. This has caused a transfer of risk back on to currencies which played well for our Dom Long
GBP/USD STABLE AS MARKETS WAIT FOR INTEREST RATE CUT A quarter-point cut in UK interest rates by the Bank of England on March 26 is now fully priced in to the markets, benefiting the FTSE
Our GBP pairs were both Dom Long and Short today. There was always going to be some manic movement with lots of risk transfer away from most currencies to further bolster stocks. This ‘risk back
Our GBP pairs started the day Dom Short, which played well with early trades and the expected high volatility UK Manufacturing data at 9.30am, which surprisingly this came in positive. The result did little to
MONDAY Any strength the pound may gain through positive UK data will quickly erode with the hardline approach the government is giving the EU in trade negotiations. This is due to all the left wing