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The Federal Reserve is overwhelmingly expected to hike interest rates for the fourth time since the financial crisis this evening.

Concerns over the strength of the UK government weighed on Sterling on Monday, which fell to its weakest level in seven months against the Euro.

Most, though not all, polls were once again proven wrong in the UK general election last week with the hung parliament result that was priced in 20%.

After the general election, we are faced with a hung parliament with no clear majority. This is perhaps the most bearish scenario for the Pound.

Today’s General election in the UK headlines a particularly busy day in financial markets that could create an especially volatile session of currency trading.

Ebury, one of the fastest growing fintechs headquartered in London, today announced four new hires across its’ European offices.

What appeared to be a foregone conclusion a few weeks ago is now looking like a much closer and uncertain affair as the UK goes to the UK General Election.

The Pound rose modestly against its major peers yesterday, recovering from a modest sell-off, with investors focused on the general election.

The Dollar fell to a fresh seven month low against its major peers on Friday afternoon after the release of a slightly disappointing labour report.

Yesterday the US Dollar recovered its losses from Wednesday, while staying in very narrow ranges against its major peers.