Sterling gains after budget update
The pound has gained this morning as the dollar was dumped by investors as data showed U.S. consumer price inflation in February cooled and President Donald Trump said he had […]
UK Budget update today
UK Chancellor of the Exchequer Philip Hammond will give his Spring Budget update today. Traditionally a major set-piece event, its importance has now been downgraded. The main Budget statement now […]
No Deal
Sterling weakened against the Dollar yesterday on worries that Britain might not manage to clinch a transition deal with the European Union at a summit later this month. Even against […]
Euro weakness, Sterling on the rise
The euro has weakened this morning and is set to post its second-biggest weekly loss in nearly four months as investors trim positions before a big week for global currency […]
Sterling Update
The US Dollar strengthened last night, this was after the Fed meeting showed policymakers are confident in rising inflation and the need for interest rates to keep increasing. The minutes […]
Dollar fights back
The dollar enjoyed a small rebound today as investors bought back the greenback following its plunge to three-year lows. The U.S. currency has been hurt by a variety of factors […]
UK Retail Sales expanded 0.1% MoM
Sterling gave away part of its initial gains today following the release of January’s retail sales in the UK. Overall, retail sales volumes rose 0.1 percent on the month, below […]
Pound above $1.40
Sterling rose against the dollar today, cementing gains on the back of a broadly weakened dollar, with traders eyeing earnings data next week to give the pound fresh momentum. After […]
Dollar Weakens Ahead Of Inflation Data
Sterling strengthened yesterday after data showed British inflation unexpectedly stayed close to its highest levels in six years in January, firming up investors’ bets that the Bank of England will […]
UK Inflation unexpectedly at 3%
Sterling edged up against the dollar and Euro this morning, continuing a modest rebound from three-week lows hit last week, as traders eyed UK inflation data for clues on when […]