Pound Eases Off
The dollar weakened against other major currencies this morning, as markets took Federal Reserve Chairman Jerome Powell’s comment that U.S. interest rates were just below neutral as a signal that […]
Pound Hits Fresh Lows
Sterling hit a ten-week low on this morning as concern about Britain’s departure from the EU led investors to largely ignore hopes of an end to austerity raised by Britain’s […]
Brexit!
The pound fell to a three-week this morning before British Prime Minister Theresa May meets with Conservative Party lawmakers, some of whom have discussed toppling her in anger at her […]
UK Retail Sales Drop
British retail sales fell by the most in six months last month after a large drop in food purchases, which followed an unusually warm summer that had encouraged Britons to […]
UK Inflation Surprises
UK inflation jumped unexpectedly to a six-month high in August, pushed up by bigger-than-usual seasonal increases in sea and air fares and higher theatre admission prices, official data showed this […]
Sterling hits a 5 day high
Sterling rose to a five-day high after British retail sales jumped for the second month in a row in May and far outstripped expectations. Sterling is likely to gain this […]
Pound gains after positive Brexit news
Sterling rallied more than half a percent to hit a two-day high after a media report that Britain would tell Brussels it was prepared to stay in the European Union’s […]
UK Inflation drops unexpectedly
UK inflation dropped to a one year low, according to figures which now raise doubts about a rate rise in May and further rises going forward. There is still a […]
McCafferty speech boosts Sterling
Sterling hit a two-week high today after a top policymaker said the Bank of England should not delay in raising interest rates after a recent strong pick-up in the world […]
Pound gains across the board
Sterling was flat in a big week for the British currency with employment and inflation data due, followed by a crucial summit between European and British officials to secure a […]