Sterling hovers around $1.30
Sterling steadied just above $1.30 today, unable to break out against a broadly weaker dollar as worries over Brexit and the pace of UK economic growth swirl. The pound recovered […]
Sterling slightly recovers after 9 month low against the Euro
Sterling edged up against the euro today, recovering from its worst week against the single currency in nine months and its lowest levels this year, as the euro dipped on […]
Sterling/Euro – 8 month low
Sterling skidded to an eight-month low against the euro, trading close to 90 pence after the head of the European Central Bank said possible changes to policy would be discussed […]
UK Retail Sales Better Than Expected
Sunny weather helped British retail sales rise more strongly than expected in June and shake off a gloomier start to the year, offering some signs that the economy as a […]
Sterling slips as Brexit negotiations continue
Sterling slipped back below $1.31 this morning after soaring to its highest levels in 10 months at the end of last week on a broad dollar sell-off. The pound jumped […]
Sterling Update
Sterling rose against the dollar today, investors still weighing the likelihood of an interest rate rise from the Bank of England after labour market data this week offset some worries […]
Growth is services sector falls
Growth across British services companies fell to a four-month low in June and companies were their least optimistic in nearly a year, according to a survey that could disappoint Bank […]
UK Data Disappoints Again
Growth in Britain’s construction industry slowed in June, adding to signs that the economy might be struggling to regain much momentum after a lacklustre start to the year, a survey […]
Pound Rebounds
Sterling hit a six-week high above $1.30 today, close to its highest levels in nine months, on bets that British interest rates could be hiked in the coming months. The […]
Pound hits $1.30 after positive UK Data
Sterling climbed close to $1.30 today, hitting its highest since before Britain’s parliamentary elections, as investors brought forward their expectations for when the Bank of England would begin to tighten […]