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Symbol Bid Ask EURCHF 1.08335 1.08356 EURUSD 1.08964 1.08975 GBPUSD 1.22124 1.22147 NOKJPY 12.597 12.61 USDJPY 104.371 104.383 USDSGD 1.39165 1.39211 USDTRY 3.08852 3.08988
Symbol Bid Ask XAGUSD 17.558 17.625 XAUUSD 1266.21 1266.7
Symbol Bid Ask CARL 608.4 617.6 DANSKE 209.45 213.1 DBANK 13.279 13.291 NORDEA 95.049 95.101 NOVO 274.9 275.3
Cable is now down over 17.5% since the UK voted to leave the EU back in June and appears to have now stabilised below the 1.23 handle....
The BoE cut interest rates to a record low of 0.25% today as well as pumping £170bn of new money into the economy as a further stimulus package to prevent the UK falling into recession following the Brexit vote in June....
UK Chancellor of the Exchequer, George Osborne made his first statement since the UK’s EU referendum this morning in a bid to stabilise markets. He stressed that the UK government is “ready to deal with the consequences” and that the UK economy is strong....
Since plummeting to 13 year lows in February oil prices have seen a big bull market with prices nearly doubling to its level of 50.70 for Brent & 50.30 for WTI Crude....