Sterling lower due to Conservatives Uncertainty
Sterling slipped today following a string of scandals in the ruling Conservative party. There is evidence of growing doubts over Prime Minister Theresa May’s ability to deliver a good Brexit […]
Dollar gains across the board
Sterling recouped some losses on Monday after slipping against for three consecutive weeks, but any strong gains were checked by continued uncertainty around Brexit talks and instability in the governing […]
Pound recovers after big losses
Sterling rebounded modestly after its biggest one-day fall since the week after June 2016’s Brexit vote, with robust services data barely cushioning the blow from the Bank of England’s pushing-back […]
Pound sinks after dovish Mark Carney speech
Sterling extended losses today, slipping to a one-month low against the dollar, as the Bank of England’s plans to take a “very gradual” approach to raising interest rates sent investors […]
Super Thursday – Rate Rise
Sterling steadied this morning, consolidating some chunky gains this week, especially against the euro, before a historic Bank of England policy decision where it is widely expected to raise interest […]
GBP/EUR at 3 month high
Sterling hit a 3-1/2-month high against the euro on today as investors focused on a Nov. 2 Bank of England policy decision they expect will produce the first interest rate […]
Bank of England Raise Rates?
Sterling consolidated gains today as the market geared up for a rate rise from the Bank of England this week when investors will analyse the bank’s statement for the future […]
Big week ahead for Sterling
Britain’s housing market and consumer economy kept most of their momentum last month, lending figures from the Bank of England showed today, leaving the central bank on track to raise […]
Sterling down slightly against Euro
The British pound slipped against the dollar today, as investors looked cautiously ahead towards a Bank of England policy meeting next week which could see interest rates rise for the […]
Brexit continues to drag Sterling down
Sterling climbed to a 9-day high today as strong growth data boosted expectations the Bank of England would raise interest rates next week. Wednesday’s gross domestic product growth for the […]