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Tag: exchange

UK 3rd Quarter growth beats estimate

Quarterly gross domestic product growth rose to 0.4 percent compared with 0.3 percent growth in the three months to June 2017, the Office for National Statistics said this morning. A […]

Dollar hits 2 week high

The dollar was trading near two-week highs against a basket of the other major currencies on Tuesday as speculation over who will be the next the chairman of the Federal […]

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 […]

UK Services slighty above expectations

The PMI showed growth in services activity unexpectedly sped up a little last month, compensating for weaker readings in the manufacturing and construction industries reported earlier in the week. Taking […]

UK Construction hits a 14 month low

British construction companies reported the sharpest fall in activity since just after June 2016’s Brexit vote, as new work dried up last month on concern over the economic outlook. The […]

Sterling down against the Euro today

Sterling was down against the Euro today after the Euro-area economic confidence surged more than economists forecast in September, giving European Central Bank policy makers more positive news to consider […]

Euro slips to 1 year low

The euro slipped to a one-month low on today after its worst day so far this year, as investors worried that months of coalition talks in Germany could weigh on […]

Euro Weaker after German Elections

This morning’s exchange rates are listed at the bottom of this article. The prices are for indication only. Please contact us for live rates. The euro snapped a two-day rising […]

Britain waits on PM’s speech

Sterling traded within a tight range against the dollar today while investors waited for a speech by British Prime Minister Theresa May in which she is expected to try to […]

Retail Sales Boost Pound

Sterling jumped by almost a cent against the dollar on Wednesday after data showed British retail sales surged unexpectedly in August, increasing pressure on the Bank of England to lift […]

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