" class="no-js "lang="en-US"> “FTSE moves to fresh all-time high…and it will keep climbing if Sterling stays weak” - Fintech Finance
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January 3 2017

“FTSE moves to fresh all-time high…and it will keep climbing if Sterling stays weak”

Jordan Hiscott, Chief Trader at Ayondo Markets

“FTSE moves to fresh all-time high…and it will keep climbing if Sterling stays weak”

“The FTSE has come out of the blocks sprinting on the first trading day of 2017, moving to a fresh all-time high of 7,202. We may well be facing another tumultuous year in the markets, but a move of this conviction certainly signals a continuation of the uptrend we saw in the latter stages of 2016.

“A key focus for me this year will be the currency dynamic. Should we continue to get a weaker Sterling, we are likely to see the index climb even higher, taking in mind the recent inverse correlation between a weaker GBP and a stronger FTSE.”

  1. Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative

    Fintech

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  2. FIN-FSA withdraws Nada express osk’s registration under the Act on Payment Institutions to provide payment service without authorisation

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  3. Trustly closes acquisition of Ecospend – becoming the leading Open Banking payments company in the UK

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  4. Ripple Names Monica Long As President

    Crypto

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  5. OneSpan to Acquire Blockchain Technology Provider ProvenDB to Bring Secure Vaulting to the Future of Digital Transactions

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