UK CPI & RPI Weaker
Sterling drops notably just after September consumer inflation data came in lower than expected. Headline CPI slowed to 2.4% yoy, down from 2.7% yoy and missed expectation of 2.8% yoy. […]
Pound Euro Could Hit 1.1970
Sterling rose against a weaker dollar on Thursday on hopes of a Brexit deal, but concern among investors about the Ireland border issue kept gains in check. Hopes are building […]
Barnier Throws Spanner In The Works
On Wednesday Sterling rose half a percent after European Union Brexit negotiator Michel Barnier signalled progress on a deal with the UK over its withdrawal from the bloc, as well […]
The Week Ahead
The Pound held pretty steadily last week against the Euro & Dollar through the beginning of last week until the Federal Reserve put up interest rates and traders started selling […]
Economy Grows Slightly Slower Than Expected
Sterling fell this morning after data showed that British companies had cut their investment in the second quarter of 2018 and the economy grew slightly slower than previously thought. The […]
Sterling Hits Six Week High
The pound is at a six-week high, helped by a weaker dollar and reports of progress on the Irish border question, an obstacle to Brexit diplomats will try to overcome […]
UK GDP Grows At Fastest Pace In A Year
Britain’s economy grew at its fastest pace in almost a year during the three months to July, boosted by stronger consumer spending due to the World Cup and warm weather. […]
UK Data Strong – No Impact On Sterling
Sterling edged lower for a fifth consecutive day as a resurgent dollar and mounting concerns over Brexit negotiations sapped demand for the British currency. An overnight bounce in the pound […]
Brexit Woes & Weak Data
The British pound was set for its biggest daily drop against the euro in more than three months as concerns grew about the progress of Brexit negotiations. Sentiment was also […]
Positive UK Data Having Zero Impact On Sterling Value
The British pound slipped against the euro to within a whisker of its weakest since September 2017, hurt by a rally in the single currency and concerns about whether Britain […]