Sterling drops to 7 month lows against Euro
Sterling hit a seven-month low to the euro this morning, losing ground to renewed strength in the single currency after European Central Bank President Mario Draghi hinted the days of […]
What will affect Sterling this week?
Last week was pretty underwhelming as the Prime Minister is still yet to form her Government, and it seems Brexit negotiations have started pretty smoothly (Not sure how long it […]
Will We See A UK Rate Hike Soon?
Sterling gained by almost half a percent against the dollar today, helped by a shift in expectations for interest rates that has some in the market backing the Bank of […]
Tory/DUP deal by next Thursday
Sterling traded slightly below $1.27 today, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain’s economy as […]
Carney – Not the time for a rate rise
Sterling fell by almost a full cent against the dollar today after Bank of England governor Mark Carney said now was not the time to raise interest rates, dashing some […]
Brexit Negotiations Start
Brexit Secretary David Davis starts negotiations in Brussels today that will set the terms on which Britain leaves the European Union and determine its relationship with the continent for generations […]
BOE Meeting delivers shock
The possibility of the Bank of England raising interest rates to prop up the pound helped steady the currency on Friday at more than 1.5 percent above its low point […]
Fed Raise Rates, Sterling Lower
Sterling dipped around 0.2 percent against the dollar in morning trade in London this morning, suffering along with other major currencies from a boost to the greenback from Wednesday’s U.S. […]
Sterling will stay under pressure
Sterling gave back early gains against the dollar to trade flat today, back under pressure after British general elections that yielded no clear majority for any party and threatened to […]
Sterling up as latest poll shows comfortable win for May
The euro was little changed against the dollar today before a European Central Bank policy announcement and the pound rose to two-week highs as voting began in Britain’s election, with […]