News

News

Tuesday 29th August 2017

Good morning

 

GBP/EUR hit an 8 year low of 1.0790 yesterday whilst the UK was basking in the bank holiday Monday sunshine.

However, continued euro strength now sees the currency pair trading down at 1.0745 this morning.

 

GBP/USD on the other hand, is now trading on a 2 week high of 1.2960.

 

Asian equity markets fell following news of North Korea launching a missile over Northen Japan and the US is counting the cost of devastation from hurricane Harvey.

 

Have a good week.

 

CENTRAL BANK AND LIBOR RATES

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

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