Sterling Update
Sterling has climbed more than 5 percent since the start of the year as the U.S. currency has weakened broadly and as investors have become optimistic about Britain’s economy and […]
Dollar Volatility Continues
The dollar came under renewed selling pressure this morning, sliding lower against a basket of major currencies ahead of the Federal Reserve’s policy decision. The U.S. dollar index, which measures […]
US Shutdown weakens US Dollar further
The dollar was pinned near a three-year low today as a U.S. government shutdown encouraged investors to add to bearish bets against the greenback while the euro consolidated recent gains. […]
Sterling slips off this morning
The British Pound became one of the worst performing majors this morning in the early trading session as more sour news related to the UK crossed the wires. Earlier on […]
UK Inflation hits a 6 year high!
This week will be all about the central banks. Three major institutions will have their interest rate decisions: FED, ECB, and BoE. From that three, only in the US, we […]
Sterling outlook is gloomy
The pound was up a little this morning as there are expectations that the Bank of England will eventually tighten their policies thus protecting the pound from the current conservative […]
Super Thursday – Rate Rise
Sterling steadied this morning, consolidating some chunky gains this week, especially against the euro, before a historic Bank of England policy decision where it is widely expected to raise interest […]
GBP/EUR at 3 month high
Sterling hit a 3-1/2-month high against the euro on today as investors focused on a Nov. 2 Bank of England policy decision they expect will produce the first interest rate […]
Sterling down slightly against Euro
The British pound slipped against the dollar today, as investors looked cautiously ahead towards a Bank of England policy meeting next week which could see interest rates rise for the […]
Brexit continues to drag Sterling down
Sterling climbed to a 9-day high today as strong growth data boosted expectations the Bank of England would raise interest rates next week. Wednesday’s gross domestic product growth for the […]