Pound gains after strong PMI data

Sterling jumped almost half a cent against the dollar on Wednesday after a survey of Britain’s dominant services sector showed activity at a three-month high in March and beating all […]

Sterling falls against Dollar & Euro

Sterling slipped against the dollar, euro and yen today, kept under pressure by uncertainty over the terms of Britain’s exit from the European Union and by doubts over how soon […]

UK Manufacturing Looses Pace

Sterling slipped this morning after data showed British manufacturing lost momentum last month, the latest sign the economy may be running out of steam after its surprising resilience in the […]

UK GDP as expected

Sterling slipped against the dollar again, as investors readied for the European Union’s official response to Britain’s letter of exit from the bloc, as well the final verdict on Britain’s […]

Article 50 : We wait for the EU response

Sterling fell against the dollar, as investors awaited responses from European leaders and considered the forthcoming negotiations between Britain and the European Union, a day after Britain triggered its exit […]

We trigger Article 50 today

Sterling slipped to an eight-day low against the dollar today, just hours before Prime Minister Theresa May was due to trigger two years of negotiations to take Britain out of […]

What will happen to Sterling once we trigger Article 50

Sterling traded within a tight range today, outperforming other major peers against the dollar, apparently disregarding Britain’s looming formal launch of negotiations on leaving the European Union. British Prime Minister […]

Pound drops due to Brexit worries

Sterling fell against the dollar and euro today, retreating from the previous session’s one-month highs, as investors braced for Britain’s beginning the formal process of leaving the European Union next […]

UK Retail Sales better than expectations

Sterling hit a one-month high against the dollar this morning, after UK retail sales data came in much higher than expected, soothing worries about weakening consumer sentiment in Britain as […]