Sterling steadies after recent boost

The pound flattened out today after hitting its highest levels in almost four weeks, speculation that the Bank of England will raise rates within the next year cooled by broader […]

US Dollar weakens for 4th day in a row

Sterling rose to a three-week high against the dollar this morning, sales of the dollar after the G20 gave in to U.S. pressure and omitted a reference to protectionism pushing […]

Sterling weakness expected to continue

Sterling hit an eight-week high this week in reaction to Parliament’s approval of the Article 50 bill – but with at least two years of negotiations ahead, could the currency […]

Sterling Bounces Slightly

Sterling bounced back from a fall to eight-week lows this morning with dealers citing a weaker dollar, a poll showing Scots still favour remaining in the United Kingdom and signs […]

Pound Decline Continues

Manufacturing output fell by 0.9 percent in January, a bigger decline than the 0.6 percent fall forecast. Overall industrial output fell 0.4 percent in January. Britain’s manufacturing sector struggled to […]

Fresh New Lows For Pound

Sterling slipped even lower today, as investors brushed off the finance minister’s budget statement the previous day as largely a “non-event” that would do little to boost growth in Britain […]