Pound drops on Brexit uncertainty
Sterling dropped to 8-day lows yesterday as investors and analysts are very sceptical in regard to Prime Minister Theresa May being able to agree a deal with the EU in […]
Pound – Biggest fall since start of November
Good Morning All, This morning we have seen the pounds biggest fall since the start of November due to very disappointing news around Brexit talks. Sterling fell over 0.7% against […]
UK Manufacturing beats expectations
Sterling got a brief boost on Friday as data showed British factories enjoyed their best month in more than four years in November, suggesting manufacturing will give a boost to […]
Dollar weakens – UK GDP as expected
The dollar is currently at a one-month low against other major currencies today, as the minutes of the Federal Reserve’s most recent policy meeting continued to weigh on the greenback. […]
Brexit talks look optimistic for the pound
Theresa May met with senior members of her ministerial team on Monday amid expectations that she will offer the European Union more than she committed to during a speech in […]
Pound hits a 2 and a half week high
The pound was up this morning hitting a 2 and a half week high against most currencies, due to the Brexit news over the weekend being interpreted as positive, Germany […]
UK Wage Data Released
This morning we have had a lot of data released surrounding wage growth, claims and unemployment rates in the UK. The results of the data showed us that a number […]
Pound suffers due to parliament uncertainty
Sterling dropped off this morning after media reports on the weekend that Theresa May is struggling with her party at a time when Brexit talks are at a critical point. […]
UK Data surprisingly better than expectations
The pound recouped some of yesterday’s losses this morning as the Manufacturing and Industrial data came in slightly stronger than expectations this morning. Surprisingly the industrial data increased at its […]
Sterling outlook is gloomy
The pound was up a little this morning as there are expectations that the Bank of England will eventually tighten their policies thus protecting the pound from the current conservative […]