Sterling hits 15 month high vs US Dollar

Sterling hit a 15-month high against the dollar today before retreating a notch as investors wound back some of last week’s bets on a Bank of England rate rise ahead […]

Focus on ECB meeting today

Sterling inched lower today, with dealers citing growing resistance to any further recovery against the dollar on a day set to be dominated by events in Europe and the United […]

Biggest daily rise for GBP

Sterling consolidated gains today, a day after posting its biggest daily rise in nearly two months, as investors trimmed some bearish bets before a parliamentary debate over the government’s European […]

UK Economy is on a decline

Britain’s economy is losing momentum as worries about Brexit mount, according to a survey which showed growth in the country’s dominant services sector in August was at its weakest in […]

UK Construction drops to a 1 year low

Growth in Britain’s construction firms fell unexpectedly to a one-year low in August, hit by an investment slump in the commercial sector as Brexit uncertainty weighed on the economy. Countering […]

Pound up after worst month in the last 10

Britain’s factories grew a lot more strongly than expected in August as work flowed in from home and abroad, a survey showed this morning, suggesting the economy might be picking […]

Daily Currency Update

Sterling rebounded from 11-month lows to gain over half a percent versus the euro on Wednesday on speculation the European Central Bank might not tolerate a strengthening single currency for […]

Sterling set for 4th week of losses

Sterling steadied this morning after falling to a two-month low against the dollar in the previous session, as investors waited to see what Federal Reserve chief Janet Yellen would say […]

Sterling continues to struggle this morning

Sterling edged back this morning towards an almost 6-week low against the dollar as growing doubts around the progress of Brexit talks with Europe continued to weigh on the currency. Britain is […]

Pound falls against Euro yet again

Britain’s pound fell against the euro again today and was poised for a third consecutive week of losses as a global selloff in risky assets prompted investors to cut bets […]