UK Inflation data hurts the pound

Sterling slid yesterday to a new five-month low after weaker-than-expected UK inflation dented the prospect of the Bank of England raising interest rates this year. The pound had been one […]

Brexit negotiations resume today

Today’s UK data releases are the May Confederation of British Industry (CBI) industrial survey which will provide an update on manufacturing. That sector grew much more quickly than the economy […]

Sterling worst performing

The Pound and Euro are in a contest to see who the worst performer is today, and right now the pound is edging out the euro by just a tad […]

Sterling stays strong

Sterling enjoyed a brief rally yesterday after reports that Britain would tell Brussels it was prepared to stay in the European Union’s customs union beyond a Brexit transitional arrangement. Cabinet […]

Pound gains after positive Brexit news

Sterling rallied more than half a percent to hit a two-day high after a media report that Britain would tell Brussels it was prepared to stay in the European Union’s […]