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Tag: buy dollars overseas transfer

Sterling stays strong

Sterling enjoyed a brief rally yesterday after reports that Britain would tell Brussels it was prepared to stay in the European Union’s customs union beyond a Brexit transitional arrangement. Cabinet […]

Pound gains after positive Brexit news

Sterling rallied more than half a percent to hit a two-day high after a media report that Britain would tell Brussels it was prepared to stay in the European Union’s […]

Daily Update

Fed speakers continue to leave open the door to raising rates three more times this year if the data starts to accelerate. The US economy continues to perform well, although […]

Employment Data Positive

British employers hired many more workers than expected in early 2018 but wage growth has yet to accelerate sharply, according to figures that leave the Bank of England still waiting […]

Dollar weakens after recent highs

Sterling rose on this morning against the dollar which weakened against other majors. Investors focused on economic data that could help the pound recover after the Bank of England last […]

Market Update

Today seems likely to be a quiet end to the week with no significant new economic data in either the Eurozone or the UK. Today’s second reading for April Spanish […]

All doom and gloom for Sterling

British Industrial growth slightly rose in March, therefore confirming a gloomy first quarter for the economy that pretty much confirms no Bank of England interest rate hike later today. The […]

Rate hike expected now in August

The Bank of England will wait until August before raising interest rates, according to polls taken over the last few days. We expected a rate rise this Thursday, but a […]

Sterling continues poor run

Market probability of a rate hike from the Bank of England next week has dropped to less than a tenth from more than 90 percent a month ago. Weak survey […]

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