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Tag: euro

Sterling hits one week low

Sterling slipped to a one-week low against the euro today, as the single currency soared on talk that the European Central Bank could start to change its message of expansionary […]

Sterling continues to slide

Sterling extended the previous two days’ losses today as a struggling retail sector and a widening trade deficit raised concerns among some investors that the currency’s recent gains could be […]

Upbeat UK data this morning

This morning we had the UK manufacturing and industrial production data released and both beat estimates. The GBP/USD pair maintained its offered tone for the second consecutive session, albeit managed […]

May’s reshuffle was a shambles

British Prime Minister Theresa May’s leadership team shake-up, designed to restore her authority and address divisions over Brexit, was branded a shambles after one minister quit and media reported another […]

Steady Sterling for 2018

The British pound is set to mostly hold steady against both the dollar and the euro this year, but much will hinge on progress in Britain’s talks with Brussels on […]

Sterling slips off this morning

The British Pound became one of the worst performing majors this morning in the early trading session as more sour news related to the UK crossed the wires. Earlier on […]

Dollar weakens while Euro gains

Sterling held near a three-month high of $1.36 today, as traders paused ahead of a survey of Britain’s construction sector. the pound was trading flat amid broad general dollar weakness […]

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 […]

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