Volatile Markets Set to Continue
GBP Sterling broadly traded sideways yesterday as traders started to try and assess the potential impact of the latest variant of Covid...
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Bluestone Currency
- Nov 30, 2021
- 2 min
A Nervous End to November
GBP Sterling slipped again yesterday against both the dollar and the euro as markets continued to fret over the impact of the new Covid...
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Bluestone Currency
- Nov 29, 2021
- 4 min
Nervous Time Ahead
Market sentiment got hit for six last Friday as worries over the Omicron variant of Covid surfaced. As London is a major world travel...
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Bluestone Currency
- Nov 23, 2021
- 2 min
Covid could unsettle the markets
GBP Yesterday was a quiet day for GBP, one point to note is that there are early signs that markets are starting to get ever so slightly...
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Bluestone Currency
- Nov 22, 2021
- 4 min
Central bankers set the tone
As expected, Inflation worries came to the fore in the UK last week after the Consumer Price Index jumped to 4.2%, somewhat higher than...
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Bluestone Currency
- Nov 19, 2021
- 1 min
A quiet end to the week
GBP Sterling eased back down from its highest levels against the euro yesterday and has opened at these lower levels today. This...
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Bluestone Currency
- Nov 18, 2021
- 2 min
A steady climb for sterling
GBP Sterling climbed against both the euro and the dollar yesterday. Against the single currency, it touched its highest levels since...
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Bluestone Currency
- Nov 15, 2021
- 4 min
Currency markets need some good news
Last week saw the annual rate of US inflation climb to 6.2%, its highest for over thirty years, and the repercussions from this...
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Bluestone Currency
- Nov 10, 2021
- 1 min
US Inflation data set to move the markets
GBP Bank of England Monetary Policy Committee member Silvana Tenreyro is speaking today. She usually is dovish in her pronouncements and...
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Bluestone Currency
- Nov 9, 2021
- 1 min
A quiet start to the week spark's some sterling resurgence
GBP Sterling started the week strongly, shrugging off two days of selling in the wake of last Wednesday's Bank of England monetary policy...
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Bluestone Currency
- Nov 8, 2021
- 4 min
Can the pound bounce back?
Sterling had a very poor end to the week, closing almost two cents lower against the dollar than it opened on Thursday morning and giving...
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Bluestone Currency
- Nov 4, 2021
- 2 min
Much ado about nothing?
GBP All eyes on the Bank of England, today as we, in common with the majority of the market, expect the first interest rise since the...
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Bluestone Currency
- Nov 3, 2021
- 2 min
A kind of hush
GBP The scaling back of the row over fishing licences with France failed to give sterling much impetus yesterday, and it has continued to...
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Bluestone Currency
- Nov 1, 2021
- 3 min
A whole week of fireworks ahead!
GBP Last week sterling reached its best level against the euro since just before the pandemic began in 2020 and closed strongly; however,...
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Bluestone Currency
- Oct 29, 2021
- 2 min
Will fishing spook the market?
GBP Sterling had a mixed day yesterday, as attention focused on the European Central Bank (ECB), strengthening against the dollar and...
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Bluestone Currency
- Oct 28, 2021
- 2 min
Frankfurt in the spotlight
GBP Earlier in the week, sterling briefly touched its highest level against the euro for almost two years but has since drifted lower and...
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Bluestone Currency
- Oct 27, 2021
- 2 min
Is everything out of the briefcase?
GBP Today is Autumn Budget Day in the UK. However, with the Speaker of the House of Commons criticising the Chancellor for leaking the...
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Bluestone Currency
- Oct 26, 2021
- 2 min
Miserable Monday for the Euro
GBP The pound started the week on the front foot making good gains against the euro and is now back up near its highest levels of the...
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Bluestone Currency
- Oct 21, 2021
- 2 min
Sterling is moving up
GBP Sterling is holding on to its higher levels in anticipation of the Bank of England announcing a rise in the base rate at its next...
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Bluestone Currency
- Oct 20, 2021
- 2 min
Inflation, keep climbin’ higher and higher
GBP UK yields continued to press higher as speculation grows that the Bank of England could move to raise interest rates at the November...
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