Sterling starts the year positively
Sterling kicked off the first trading day of 2018 by climbing to a three-month high against the dollar this morning as the greenback weakened broadly, ahead of a survey of […]
Dollar weakness continues
The dollar continued to fall against other major currencies on Friday, the last trading day of the year. Trading volumes are expected to remain thin ahead of the New Year’s […]
British businesses reported a pickup in growth
British businesses reported a pickup in growth in the three months to December, but they expect a slowdown in early 2018 as high inflation takes its toll on households, the […]
Markets quiet during the festive period
The dollar eased against a basket of currencies and fell against the euro today in thin holiday trading, while a rally in commodity prices helped push the Canadian and Australian […]
Sterling flat today
Sterling is trading flat today the after British economic growth for the third quarter was left unchanged and the year-on-year number was slightly higher, with traders avoiding big positions before […]
Sterling is the worst performing major currency
The British Pound became one of the worst performing majors during today’s early trading session as more sour news related to the UK crossed the wires. Earlier on Wednesday, the […]
Quiet day for Sterling
Sterling dropped off this morning after making gains yesterday. With investors cautious about risks surrounding Brexit negotiations for the year ahead despite progress in the talks last week. A survey […]
The week ahead
Last week ended negatively for the Pound, even though the UK and EU are now moving to the next phase of negotiations- the fact that this next phase will be […]
Brexit talks going well
BoE left interest rates unchanged and QE unchanged to yesterday at their meeting. From the 9 members, they all voted to keep things exactly as they are. Theresa May has […]
UK Retail Sales up
The pound hit daily highs after data showing that UK retail sales rose at a far faster pace than expected last month as investors await the outcome of the Bank […]