GH

Gary Howes

poundsterlinglive.com

  • London, England, United Kingdom

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  • poundsterlinglive.com
    206 articles

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  • Australian Dollar Forecast: "We see risk of the both the AUD and the NZD dropping again"
    6 Apr 2020—poundsterlinglive.com
    - AUD decline not yet done says Rabobank - AUD sees firm start to new week as markets rally - RBA decision dominates domestic calendar Image © Adobe Images - GBP/AUD spot at time of writing: 2.0321 - Bank transfer rates (indicative): 1.9610-1.9750 - FX specialist rates (indicative): 2.00-2.0140 >> More information The Australian Dollar is seen gaining in value at the start of the new week with advances coming amidst an ongoing improvement in global stock markets, but analysts at a leading...
  • South African Rand's Relentless Decline Extends in Wake of Fitch Downgrade
    6 Apr 2020—poundsterlinglive.com
    - ZAR stumbles at start of new week - Losses add to a protracted decline - Fitch cuts SA's rating - GBP/ZAR spot rate at time of publication: 23.38 - Bank transfer rates (indicative): 22.57-22.73 - FX specialist rates (indicative): 23.00-23.17 >> More information The South African Rand shed further purchasing power at the start of the new week, with market attention remaining fixed on the economic fallout from the global coronavirus pandemic which is expected to leave emerging market nations...
  • Pound Sterling Volatile on Johnson Hospital Admission, Unlikely to have Lasting Effect on Price Action against Euro and Dollar say Analysts
    6 Apr 2020—poundsterlinglive.com
    - Shaky start for Sterling on Johnson hospital admission news - Negative effect expected to be temporary - Sterling aided higher by stock market recovery - Overall market sentiment still expected to be important Above: Boris Johnson chairs the morning Covid-19 Meeting. The Prime Minister Boris Johnson appears remotely in the Cabinet Room of No10 Downing Street as he chairs the morning meeting update on the Coronavirus after self isolating in No11 Downing Street after testing positive for the...
  • Boost for SME's as Bank of England says Coronavirus Lending Scheme to Come Online Earlier than Expected
    6 Apr 2020—poundsterlinglive.com
    The Bank of England has revealed that its flagship lending scheme aimed at supporting UK Small and Medium Enterprises through the coronavirus crisis will be made available from April 15, which is earlier than anticipated. The Term Funding Scheme with additional incentives for Small and Medium-sized Enterprises (TFSME) is one of the initiatives announced by the Bank of England and the Treasury to support households and businesses during the 'coronacrisis'. The TFSME allows lenders to access...
  • Pound Sterling: Johnson's ICU Admission Deals Hammer Blow to Confidence, Sheds Gains vs. Euro and Dollar
    7 Apr 2020—poundsterlinglive.com
    - GBP off recent highs on Johnson ICU news - GBP to be volatile on news of PM's health - But improving global markets to keep GBP recovery intact - However, question markets on covid-19 and 'exit strategy' remain Above: File image of Boris Johnson hosting a cabinet meeting prior to the coronacrisis. Image courtesy of Gov.uk - Spot GBP/EUR rate at time of writing: 1.1338 - Bank transfer rates (indicative): 1.1040-1.1100 - FX specialist rates (indicative): 1.1180-1.1240 >> More information -...

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