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 […]
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. […]
UK Earnings drop at fastest pace since 2014
British workers’ earnings after inflation contracted at the fastest pace since 2014 in the three months to April, underscoring the growing Brexit squeeze facing many households, official data showed this […]
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 […]
5 polls expected today
Britain entered the final day of campaigning ahead of a parliamentary election that will define its approach to leaving the European Union but has been overshadowed by two militant attacks […]
All Eyes On Thursday
In Britain, the latest opinion poll, by Survation for ITV television, showed Prime Minister Theresa May’s lead over the opposition Labour Party holding at just 1 percentage point ahead of […]