UK Retail Sales Drop
British retail sales fell by the most in six months last month after a large drop in food purchases, which followed an unusually warm summer that had encouraged Britons to […]
UK CPI & RPI Weaker
Sterling drops notably just after September consumer inflation data came in lower than expected. Headline CPI slowed to 2.4% yoy, down from 2.7% yoy and missed expectation of 2.8% yoy. […]
Brexit Negotiations Stall
Sterling held near a one-week low today as Brexit negotiations appeared to have stalled before a crucial European Union summit later this week. Negotiators from both sides have been locked […]
Pound Euro Could Hit 1.1970
Sterling rose against a weaker dollar on Thursday on hopes of a Brexit deal, but concern among investors about the Ireland border issue kept gains in check. Hopes are building […]
Barnier Throws Spanner In The Works
On Wednesday Sterling rose half a percent after European Union Brexit negotiator Michel Barnier signalled progress on a deal with the UK over its withdrawal from the bloc, as well […]
Pound Gains As Brexit Deal Gets Closer
Sterling hit a new high versus the euro and added to recent gains against the dollar this morning on optimism that Britain and the European Union can agree a Brexit […]
Market Update
Today has a very light data calendar with nothing of note in the UK or the Eurozone. The main focus will be UK politics and in particular Brexit negotiations. However, […]
Brexit Deal To Be Agreed By November?
The British pound fell this morning against the US Dollar and traders re-assessed the chances of a breakthrough in Brexit negotiations after the encouraging headlines seen in recent days. European […]
Sterling Boosts On Positive Brexit Negotiations
The European Union’s Brexit negotiators told national diplomats in Brussels late last night that a divorce deal with Britain was “very close”, according to two sources present at the meeting. […]
PM Speech Boosts Sterling
The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. Sterling has gained against the […]