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Category: Inflation

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 […]

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 […]

Fresh New Lows For Pound

Sterling slipped even lower today, as investors brushed off the finance minister’s budget statement the previous day as largely a “non-event” that would do little to boost growth in Britain […]

House Of Lords Vote To Reject Brexit Bill

The House of Lords voted 358 to 256 against the EU (Notification Of Withdrawal) Bill that is required for Theresa May to trigger Article 50 and begin the exit process. […]

Euro Weakens as Le Pen Wins Latest Poll

Sterling rose almost 1 percent against the euro today, to its highest in two months, after another opinion poll showing far-right French presidential candidate Marine Le Pen gaining ground hit […]

Sterling Continues To Push

Sterling fell against the dollar but made ground versus the euro this morning, before Bank of England Governor Mark Carney and several his chief lieutenants testify in Britain’s parliament. The […]

UK Jobs Data Lower Than Forecast

U.K. unemployment declined and a measure of the number of people in work rose to a record, pushing the labor market closer to “full capacity,” according to the statistics office. […]

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