Pound Edges Up Against Euro
Sterling edged up this morning, extending its winning streak against the euro for a sixth straight day after enjoying a boost from last week’s better-than-expected manufacturing and trade data. The […]
UK Data Better Than Expectations
British manufacturing grew more strongly than expected in December, showing the economy remained resilient to the end of the year despite June’s Brexit vote shock, although 2017 looks like it […]
GBP Continues To Perform Well
Sterling traded at its highest in a week today after some more upbeat British housing data helped soothe nerves over economic growth and the government eased past parliamentary roadblocks to […]
Pound Gains Against Euro & Dollar
The British pound steadied around $1.25 this morning after a series of swings a day earlier driven by competing signals on the outlook for growth, interest rates and Britain’s withdrawal […]
PM’s Brexit Bill Faces Challenges In Parliament
Sterling hit a one-week low against the dollar as Prime Minister Theresa May faced challenges over her legislative plan for taking Britain out of the European Union. A three-day debate […]
Sterling Fall Continues To Hurt UK Companies
Sterling’s sharp fall against the U.S. dollar and Euro since June’s Brexit vote has so far hurt almost as many exporters as it has aided, the British Chambers of Commerce […]
Sterling Slips For Second Day
Sterling fell another 0.4 percent this morning after a fall in a closely-watched services sector indicator reawakened concerns over the impact of last year’s Brexit vote on a previously resilient […]
Sterling/Dollar Traded Above 1.27
Sterling rose to trade above $1.27 for the first time in seven weeks against the dollar, as investors awaited a Bank of England quarterly report that is expected to upgrade […]
Sterling Continues To Gain Against A Weak Dollar
Sterling pounced on a wounded dollar today, as it recovered from disappointing consumer credit data to cap its best January since 2011. It was also set to be the pound’s […]
May Visits Trump
Prime Minister Theresa May called on President Donald Trump on Thursday to renew the “special relationship” between Britain and the United States and lead in a new, changed world. In […]