Currency Update

Britain’s pound steadied close to its highest levels in 10 months against the dollar today on comments from the finance minister about a transitional leaving deal with the European Union. […]

Pound Surges Against US Dollar

Sterling hit a 10-month high against a broadly weaker dollar today, after the U.S. Federal Reserve left policy unchanged and appeared less confident about inflation picking up, which investors took […]

Sterling hovers around $1.30

Sterling steadied just above $1.30 today, unable to break out against a broadly weaker dollar as worries over Brexit and the pace of UK economic growth swirl. The pound recovered […]

Sterling/Euro – 8 month low

Sterling skidded to an eight-month low against the euro, trading close to 90 pence after the head of the European Central Bank said possible changes to policy would be discussed […]

UK Retail Sales Better Than Expected

Sunny weather helped British retail sales rise more strongly than expected in June and shake off a gloomier start to the year, offering some signs that the economy as a […]

Sterling stays lower this morning

Sterling slipped back towards $1.30 today, adding to falls the previous day after weak inflation data poured cold water on expectations that the Bank of England will hike rates this […]

UK Inflation Unexpectedly Slows

British inflation unexpectedly slowed for the first time since October last month, adding to the likelihood that the Bank of England will keep interest rates at a record low in […]

Sterling Update

Sterling rose against the dollar today, investors still weighing the likelihood of an interest rate rise from the Bank of England after labour market data this week offset some worries […]