Market insights

Market Comment - 30th December 2021

Good morning,

As we move towards the new year the Pound is bashing it's head on the technical resistance zone versus the Euro. The next couple of days could be quite telling whether we see a breakout to the upside or a pullback into the middle of the range. With very little market news scheduled this will certainly be led by Omicron.

Against the Dollar there was a nice jump yesterday but some of those gains were given back overnight.

Some of the strength is coming out of the Pound against other majors such as the Australian Dollar, Canadian Dollar and Swedish Krona but these moves could be down to lower volume meaning smaller orders move the market more than usual.

As ever we look forward to keeping you in the loop and look out for our next update.

Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.

Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.

GET A QUOTE

Today’s Economic Calendar

-

Open a Personal Account

Open a Business Account

Get your free quote now

Economic calendar

As ever we look forward to keeping you in the loop and look out for our next update.

Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.

Our business ethos is based on bank beating rates and fantastic customer service, click the link below for a no obligation quotation and see the savings for yourself.

Open a free account

It is free and easy
Register