Coronavirus & currency market chaos
policymakers voted unanimously to slash interest rates from 0.75% to 0.25% to defend against the impact of the coronavirus.
interest rate cut
Coronavirus panic and rate cuts prompts market chaos
Currency markets were rocked last week after a number of central bank’s moved to cut interest rates, as the economic
The Pound Weakens
The pound weakens and was placed on the back foot again yesterday as a disappointing services PMI weighed heavily on Sterling sentiment.
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No fireworks from the Bank of England meeting
The Bank of England rate decision meeting didn’t provide any fireworks yesterday, as UK policymakers voted 9-0 in favour to
UK interest rates cut to 0.25%
The main story dominating the market yesterday was the Bank of England’s decision to cut interest rate by 25bp, to