UK Retail Sales better than expected

Pound held its ground this morning ahead of a third day of monthly data on the economy that comes amid growing noise around the conduct of Brexit negotiations with Europe. […]

UK Inflation Unchanged

British consumer price inflation unexpectedly held steady last month as fuel prices fell amid other signs that the squeeze on households’ spending power may slowly be starting to level off. […]

Sterling near 3 week low

Sterling held near a three-week low against the dollar today as investors grew wary about the outlook of the British economy after a mixed bag of data this week. The […]

UK Data worse than expected this morning

British industrial output unexpectedly picked up in June after oil producers delayed normal seasonal maintenance, but falling car production and a slide in construction bode poorly for future months. Britain’s […]

Sterling slightly up today

Sterling was up against the euro and the US dollar, after the US president warned North Korea faced “fire and fury” from their attempts to build nuclear weapons that could […]

Sterling steadies after recent big losses

Sterling steadied this morning after posting its biggest four-day decline in two months against the dollar as investors grew bearish about the outlook of the economy. The British pound was […]

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 […]