Weekly Market Report 7th April 2026
🇬🇧 Pound Faces Mounting Pressure from Global Volatility and UK Political Risks Last week, the Pound ended on a weaker footing, with the Easter Bank Holiday period coinciding with Thursday’s notable GBP losses. These declines appear to reflect a broader deterioration in global market sentiment, as equities pulled back from recent rebound highs and oil […]
Weekly Market Report 31st March 2026
🇬🇧 Sterling Under Pressure Amid Dollar Strength and Rising UK Fiscal Risks Last week extended the broader trend of Sterling weakening against major currencies. Cable recorded four consecutive daily losses, falling by over 1%, while GBP/EUR experienced more moderate declines. Cable opened the week around 1.32, with GBP/EUR starting just above 1.15. The Dollar’s strength […]
Weekly Market Report 23rd March 2026
🇬🇧 GBP Under Pressure as Fiscal Concerns and Geopolitics Weigh GBP remained on the back foot last week against both the Dollar and the Euro, with another week in the red for both Cable and GBP/EUR. Cable has opened Monday’s session on a weaker footing, dipping below 1.33, while GBP/EUR begins the week hovering just […]
Weekly Market Report 16th March 2026
🇬🇧 Pound Falls Against Dollar, Euro Pair Eyes Resistance Last week the Pound weakened significantly against the Dollar as developments in the Middle East conflict weighed on market sentiment, with Friday’s sell-off bringing total weekly losses to around 1.3%. This move was further exacerbated by disappointing UK economic data. The Office for National Statistics reported […]
Weekly Market Report 9th March 2026
🇬🇧 Sterling Supported as Rate Cut Bets Fade Positive momentum supported GBP/EUR last week, with the Pound extending gains against the euro through Friday as investors reacted to developments surrounding the Middle East conflict. Sterling recorded its first weekly gain against the Euro in five weeks and its largest weekly advance since April 2025, rising […]
Weekly Market Report 2nd March 2026
🇬🇧 GBP Under Pressure as Middle East Escalation Fuels Risk-Off Sentiment GBP is expected to remain under pressure after US -Iran tensions escalated sharply over the weekend, with Israel and the US reportedly conducting more than 2,000 sorties. The broader Middle East fallout has also impacted thousands of expatriates in the UAE, adding to regional […]
Weekly Market Report 23rd February 2026Â
🇬🇧 Sterling Mixed as Tariff Volatility Weighs, Despite Resilient UK PMI Data Last week brought mixed performance for Sterling. GBP/EUR traded relatively flat, opening around 1.14 and holding within a narrow range. In contrast, GBP/USD Cable came under notable pressure, sliding to four-week lows near 1.34 after President Trump’s tariff announcements sparked renewed global volatility, […]
Weekly Market Report 16th February 2026Â
🇬🇧 Q1 Prospects Clouded by Data and Political Uncertainty Last week, the Pound was on course for its largest weekly loss against the euro since early December, pressured by ongoing economic and political headwinds. GBP/EUR briefly dipped to 1.14 but recovered by Friday’s close, starting this week around 1.15. Meanwhile, GBP/USD remains relatively stable near […]
Weekly Market Report 9th February 2026Â
🇬🇧 Pound Recovers Late, but Political Risks Weigh on Outlook Sterling edged higher on Friday, recovering a small portion of its recent losses against both the US dollar and the euro as selling pressure began to unwind. GBP/USD starts the week near 1.36, following an overall decline of around 0.6% last week, while GBP/EUR opens […]
Weekly Market Report 2nd February 2026Â
🇬🇧 Pound Bulls Run Into Technical and Dollar Headwinds Sterling faced headwinds last week as supportive fundamentals collided with firm technical resistance. The Pound started 2026 strongly, gaining against both the Euro and the Dollar. Against the Euro, persistent UK inflation pressures have scaled back expectations for Bank of England rate cuts, lending support to […]
