UK Data surprisingly better than expectations
The pound recouped some of yesterday’s losses this morning as the Manufacturing and Industrial data came in slightly stronger than expectations this morning. Surprisingly the industrial data increased at its […]
Dollar gains across the board
Sterling recouped some losses on Monday after slipping against for three consecutive weeks, but any strong gains were checked by continued uncertainty around Brexit talks and instability in the governing […]
Super Thursday – Rate Rise
Sterling steadied this morning, consolidating some chunky gains this week, especially against the euro, before a historic Bank of England policy decision where it is widely expected to raise interest […]
GBP/EUR at 3 month high
Sterling hit a 3-1/2-month high against the euro on today as investors focused on a Nov. 2 Bank of England policy decision they expect will produce the first interest rate […]
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 […]
Pound hits 2 week low
Britain’s pound skidded to a two-week low this morning amid doubts over the outlook for Bank of England interest rate moves and concerns over Brexit. Sterling has been pushed lower […]
Retail Sales Drop!
British retail sales suffered an unexpectedly sharp slowdown in September, dragging quarterly growth to its weakest annual rate since 2013, suggesting consumer demand remains uncertain as the Bank of England […]
Pound gains against US Dollar
Sterling edged higher today against a tepid dollar, despite a backdrop of uncertain Brexit negotiations. Signals from the U.S. Federal Reserve that central bankers were still concerned about persistently low […]
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 […]