Sterling Crumbles!
Sterling tumbled as much as 2.5 percent on Friday, while the FTSE share index opened higher, after British voters denied any party a majority of seats in parliament, plunging the […]
Sterling up as latest poll shows comfortable win for May
The euro was little changed against the dollar today before a European Central Bank policy announcement and the pound rose to two-week highs as voting began in Britain’s election, with […]
5 polls expected today
Britain entered the final day of campaigning ahead of a parliamentary election that will define its approach to leaving the European Union but has been overshadowed by two militant attacks […]
Sterling – Volatile week ahead
Sterling recovered ground today after falling half a cent against the dollar in early Asian deals as traders reacted to another militant attack over the weekend in London ahead of […]
UK Construction & Manufacturing Boost UK Economy
British construction activity grew at its fastest rate since the end of 2015 last month, as a pick-up in housebuilding helped builders shake off a lack lustre start to the […]
Pound declines – Latest YouGov poll shows no majority election win
The British pound dropped today after a new poll found that British Prime Minister Theresa May’s Conservative Party risks falling short of an overall majority in the June 8 national […]
Sterling rises as investors ignore the polls
Sterling rose against the dollar on Tuesday, with investors shrugging off opinion polls showing British Prime Minister Theresa May’s lead over the Labour opposition narrowing less than two weeks before […]
UK GDP grows at slowest pace in a year
Britain’s economy slowed more than previously thought in the first three months of 2017 as rising inflation boosted by last year’s Brexit vote took a toll on household spending, official […]
Sterling Stayed Subdued
Sterling stayed subdued, hovering below seven month-highs against the dollar as investors awaited further developments in Britain’s suspended election campaign after a suicide bombing rocked the English city of Manchester. […]
Sterling Slips After Manchester Terror Attack
The pound slipped on Tuesday following a suicide bombing attack at an Ariana Grande concert at Manchester Arena, the most deadly attack in the UK in a decade. Police raised […]