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Category: GBP

Overall a positive week for the pound

The pound inched higher this morning, a week of generally upbeat business sentiment surveys pushing it towards recent highs around $1.2950 as Prime Minister Theresa May’s Conservatives gained more than […]

Sterling holds its own

Sterling held steady below seven-month highs against the dollar today after the results of a survey of Britain’s huge services sector, following stronger-than-expected data in a corresponding manufacturing survey. The […]

UK Construction PMI beats expectations

UK Construction Purchasing Managers’ Index (PMI) came in better than expectations at 53.1 compared to polls expecting a reading of 52. Tuesday’s stronger-than-expected survey of the manufacturing sector gave the […]

UK PMI better than expected this morning

Sterling rose briefly on Tuesday after data showed UK manufacturing growth surged to a three-year peak in April, adding to signs that factories are enjoying at least a temporary boost […]

UK Economy grows less than expected

Britain’s economy grew less than expected in the first quarter of 2017, according to preliminary numbers from the ONS released on Friday. GDP grew by just 0.3% in the quarter, […]

Sterling hits 7 month high against dollar

Sterling rose around half a percent to 7-month highs above $1.29 this morning, helped by a broader softening of the dollar and polls showing Prime Minister Theresa May on course […]

Pound slips against Dollar and Euro

Sterling dipped versus the dollar and euro today, struggling for direction ahead of first quarter growth numbers due on Friday in a week so far dominated by events in the […]

Sterling continues to slip against the euro

Sterling dipped against the euro again today, kept under pressure by the single currency’s renewed strength as relieved investors turned optimistic on Europe after the first round of the French […]

Sterling falls against Euro – French Election

Sterling fell sharply against the euro today as investors favoured Europe’s currency over Britain’s in a wave of relief sweeping financial markets following results of the first round of France’s […]

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