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 […]
UK 3rd Quarter growth beats estimate
Quarterly gross domestic product growth rose to 0.4 percent compared with 0.3 percent growth in the three months to June 2017, the Office for National Statistics said this morning. A […]
Dollar hits 2 week high
The dollar was trading near two-week highs against a basket of the other major currencies on Tuesday as speculation over who will be the next the chairman of the Federal […]
Brexit negotiations are main sterling driver
Sterling exchange rates have been stuck in limbo due to comments made by EU officials following recent Brexit negotiations- fortunately, Donald Tusk (EU Council President) announced that recent comments made […]
Euro drops on stimulus speculation
The euro slipped this morning after posting its biggest weekly rise in a month as traders took profits, though markets were wary of chasing the currency lower before a European […]
Sterling at a 10 day high
Sterling rose today to a 10-day high, boosted by a report in a German newspaper that the European Union could offer Britain a two-year transitional Brexit deal. The pound had […]
Britain’s trade deficit hits a all time high
British factories had their strongest two months of 2017 in July and August, suggesting the Bank of England remains on track to raise interest rates soon, but the deficit in […]
UK Construction hits a 14 month low
British construction companies reported the sharpest fall in activity since just after June 2016’s Brexit vote, as new work dried up last month on concern over the economic outlook. The […]