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 […]
Article 50 will be triggered this Wednesday
It seems like a very long time ago that the UK public came out and voted to leave the EU, after all of the issues in the Houses of Commons […]
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 […]
Sterling steadies after recent boost
The pound flattened out today after hitting its highest levels in almost four weeks, speculation that the Bank of England will raise rates within the next year cooled by broader […]
UK inflation shoots past Bank of England target
British inflation last month shot past the Bank of England’s 2 percent target for the first time since the end of 2013 and looks set to climb further due to […]