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 […]

US Dollar weakens for 4th day in a row

Sterling rose to a three-week high against the dollar this morning, sales of the dollar after the G20 gave in to U.S. pressure and omitted a reference to protectionism pushing […]

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 […]

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 […]

UK Retail Sales Shock Sterling

Sterling sank by 0.5% on the day against the dollar and Euro this morning after British retail sales racked up their third monthly fall on the trot in January, disappointing […]