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Tag: eurgbp

Pound hits a 7 month low

Sterling held near seven-month lows against the US Dollar as strong U.S. data and a hawkish Federal Reserve prompted investors to buy the greenback, while the Bank of England is […]

Sterling hits a 5 day high

Sterling rose to a five-day high after British retail sales jumped for the second month in a row in May and far outstripped expectations. Sterling is likely to gain this […]

UK Retail Sales jump in May

Sterling rose a quarter of a percent this morning before any data, cementing some modest gains notched up this week. British retail sales jumped for the second month in a […]

Dollar strengthens ahead of Fed meeting

The dollar edged up across the board today ahead of a Federal Reserve policy announcement that investors will scan for clues on how many more U.S. rate hikes there will […]

UK wage growth slows

British workers’ wages grew more slowly in the three months to April, according to official data published this morning which could further dampen expectations that the Bank of England will […]

UK data disappoints across the board

British factory output unexpectedly dropped in April at the fastest pace since 2012, due to weaker demand at home and abroad, raising concern that the economy’s weakness in early 2018 […]

Brexit Meltdown hits the pound

Boris Johnson warned that there could be a Brexit meltdown, but it will be “all right in the end” and that U.S. President Trump would take a tougher stance were […]

Brexit talks break down in Parliament

News late last night of a major row between PM Theresa May and Brexit minister David Davis over the government’s final position on a backstop for Northern Ireland could weigh on […]

Market Update

Today has a light data calendar with nothing of note in the UK. We have no further UK releases for the rest of this week. However, it should be noted […]

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