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Author: Shyam Gokani

Rate hike expected now in August

The Bank of England will wait until August before raising interest rates, according to polls taken over the last few days. We expected a rate rise this Thursday, but a […]

Sterling continues poor run

Market probability of a rate hike from the Bank of England next week has dropped to less than a tenth from more than 90 percent a month ago. Weak survey […]

03/05/2018 – This Morning’s Exchange Rates

The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. Sterling gained slightly yesterday after […]

UK Services Data Disappoints

Sterling gained slightly yesterday after positive manufacturing data however the negative numbers continued this morning after a major survey showed Britain’s services sector struggled to recover in April from a […]

Sterling Steadies

The British pound regained some recent losses against the euro and dollar after today’s better-than-expected UK construction PMI, which was surprisingly better following a recent string of disappointing UK economic […]

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