Following the announcement of the death of HRH Sheikh Khalifa bin Zayed bin Sultan Al Nahyan, President of the UAE and Ruler of the Emirate of Abu Dhabi, the Finseta team send our condolences to the people of the United Arab Emirates at this sad time.
🇬🇧 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…
🇬🇧 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…
🇬🇧 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,…
