News

News

Monday 14th August 2017

Good morning

Tensions last week over North Korea overshadowed any positive economic data around.

Sterling underperformed across the board with GBP/EUR being tested through 1.10 where it touched briefly 1.0965, before recovering slightly.

GBP/USD hit a 3 week low of 1.2940 but opens up at 1.2980 this morning.

A quiet day today figure wise and a slight easing of geopolitical tension between North Korea and the US too.

Have a good week.

 

CENTRAL BANK AND LIBOR RATES

UK: 0.50%
US: 1.75%
EU: 0.00%

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