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.
Last week, the Pound posted its strongest weekly performance of 2026 against USD, gaining over 1%. However, this move was driven more by Dollar weakness than genuine Sterling strength.
🇬🇧 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…
🇬🇧 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…
