Sterling – The week ahead
The big news from the past week for the British Pound was the Bank of England’s rate decision on Thursday. This was a quarterly meeting, often referred to as ‘Super […]
Currency Update
Britain’s pound steadied close to its highest levels in 10 months against the dollar today on comments from the finance minister about a transitional leaving deal with the European Union. […]
Pound Surges Against US Dollar
Sterling hit a 10-month high against a broadly weaker dollar today, after the U.S. Federal Reserve left policy unchanged and appeared less confident about inflation picking up, which investors took […]
UK Economy Picks Up
Britain’s economy gathered only a little speed in the second quarter after almost stalling at the start of the year, propped up by the services sector and a booming film […]
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/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 stays lower this morning
Sterling slipped back towards $1.30 today, adding to falls the previous day after weak inflation data poured cold water on expectations that the Bank of England will hike rates this […]
UK Inflation Unexpectedly Slows
British inflation unexpectedly slowed for the first time since October last month, adding to the likelihood that the Bank of England will keep interest rates at a record low in […]
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 […]