Sterling continues to be volatile ahead of Thursday
GBP dropped off today as many investors have continued to off-load the pound ahead of the Bank of England meeting this Thursday when the central bank is expected to keep […]
ECB Meeting Today
The main economic event today is the ECB policy announcement at 12:45BST, followed by the press conference with President Mario Draghi at 13:30BST. No changes to interest rates or the […]
Sterling hits fresh lows against the dollar
Sterling dropped to its lowest since level since the middle of March, its sixth consecutive daily fall as investors are worried about the performance of the British economy. April has […]
Retail Sales Miss Expectations
UK retail sales recorded their biggest quarterly fall in a year during the three months to March. We expected as much as the weather played a big part, keeping consumers […]
Sterling hits a 9 month high
Sterling has continued to gain against the euro, however, this could be affected next week when we have the UK wage data and employment figures released. We believe that wage […]
Pound hits 7 week highs
The pound to a 7-week high this morning as for the Bank of England meeting at which the central bank is expected to talk up a rate rise in May. […]
Pound continues gains
The pound is poised for its biggest weekly rise in a month against the dollar as investors became cautiously optimistic that Britain would strike a deal at a summit next […]
UK – manufacturing better than expectations
Sterling steadied this morning against the dollar after falling this week over worries Britain will not secure a Brexit transition deal, while traders waited for UK manufacturing data. Manufacturing came […]
Sterling Update
Sterling has climbed more than 5 percent since the start of the year as the U.S. currency has weakened broadly and as investors have become optimistic about Britain’s economy and […]
Sterling continues to perform
The euro fell further against the sterling nearing the 1.15 level for the first time in seven months as the British pound’s rally against the dollar this week spread to […]