Sterling Devalues Due To Fresh Uncertainty
Sterling fell against major currencies this morning, as the prospect of another Scottish independence vote and signs a major merger was unlikely to go through renewed fears about Britain’s future […]
Sterling Has Best Week Since January
Sterling slipped from a 2-week high to the dollar this morning but was still on track for its strongest week since January as concerns about politics in the United States […]
US – Fed To Raise Rates Fairly Soon
Federal Reserve officials have said they may need to raise interest rates “fairly soon” if the economy stays strong, minutes of their meeting show. The first meeting of the Fed […]
Euro Weakens as Le Pen Wins Latest Poll
Sterling rose almost 1 percent against the euro today, to its highest in two months, after another opinion poll showing far-right French presidential candidate Marine Le Pen gaining ground hit […]
Sterling Continues To Push
Sterling fell against the dollar but made ground versus the euro this morning, before Bank of England Governor Mark Carney and several his chief lieutenants testify in Britain’s parliament. The […]
Positive Start For Sterling
The pound rose against most major currencies this morning, snapping a three-day fall versus the euro, at the start of another week likely to be dominated by questions about how […]
UK Retail Sales Shock Sterling
Sterling sank by 0.5% on the day against the dollar and Euro this morning after British retail sales racked up their third monthly fall on the trot in January, disappointing […]
Sterling Edges Higher
Sterling gained around half a percent against the dollar this morning, tracking broader moves in major currencies after some caution about the underlying strength of the U.S. economy set in […]
UK Jobs Data Lower Than Forecast
U.K. unemployment declined and a measure of the number of people in work rose to a record, pushing the labor market closer to “full capacity,” according to the statistics office. […]
UK Inflation Lower Than Expectations
British households kept a tighter grip on their credit cards last month as spending grew at one of the slowest annual rates of the past three years, data showed, adding […]