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 […]
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 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 […]
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 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 […]
Sterling Bounces Slightly
Sterling bounced back from a fall to eight-week lows this morning with dealers citing a weaker dollar, a poll showing Scots still favour remaining in the United Kingdom and signs […]
Sterling begins to slide as economic data comes out weaker than expected.
Following the confirmation of Article 50 (March 15th) and the back and forth between the House of Commons & House of Lords last week, the only thing left to weaken […]
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. […]
Sterling Has Best Week Since January
Sterling slipped from a 2-week high to the dollar this morning but was still on track for its strongest week since January as concerns about politics in the United States […]
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 […]