What does the general election mean for the pound?
British PM, Theresa May surprised the markets on Tuesday morning by announcing a snap general election in June. The instant reaction to this was the Pound rising by around 3% […]
Sterling stays strong
The pound inched higher against a basket of major currencies today, after a solid performance against the euro before the first round of French presidential elections and from an improvement […]
Pound Surges
The pound has advanced to fresh multi-week highs against the Euro and US Dollar as the currency market reacted to a surprising announcement from UK Prime Minister Theresa May. After […]
Pound boosted by data
British pay growth after accounting for inflation almost disappeared completely in the three months to February, the clearest evidence yet that households are feeling the strain of rising prices as […]
UK Inflation stays at 2.3%
UK inflation’s huge surge since the Brexit referendum paused in March, remaining at the same level seen in February, according to the latest release from the Office for National Statistics […]
Euro lowers after French Election fears
The euro edged lower this morning, pressured by nervousness over the upcoming French presidential elections as investors took stock of recent polls showing a tightening race. The campaign is being […]
Disappointing UK Data
The pound fell against the dollar and euro this morning, after the release of disappointing U.K. manufacturing production data, while investors awaited a key report on U.S. employment due later […]
Euro suffers after Draghi comments
Sterling should have a relatively quiet day with no economic data due today. However tomorrow could be a very key day with Industrial and Manufacturing Production, Trade Balance data along […]
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 […]