Pound Continues Losses

Sterling has dropped off over after the Bank of England kept interest rates on hold and warned about the risks of a no-deal Brexit, with the British currency initially trading […]

Retail Sales Above Forecast

Sterling gained nearly half a percent against a weakened dollar today, as traders prepared for British retail sales data and the Bank of England’s interest rate decision. Analysts put most […]

Inflation Lower

Headline inflation data is showed a decline to 2.3 percent for the month of November from 2.4 percent previously and edging towards a 2 percent target in the coming years […]

Brexit Vote Rescheduled For January

The pound edged off 20-month lows yesterday as British Prime Minister Theresa May rescheduled a delayed vote in parliament on her Brexit plan for mid-January. Sterling, trading at $1.26, inched […]

Second Referendum?

The pound hovered near 18 month lows this morning, with reports that more politicians are calling for a second Brexit referendum. With British Prime Minister Theresa May facing deadlock in […]