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UK Retail Sales better than expectations

Sterling hit a one-month high against the dollar this morning, after UK retail sales data came in much higher than expected, soothing worries about weakening consumer sentiment in Britain as it prepares to leave the European Union. Sales volumes in February rose by 1.4 percent from January, beating the 0.4 percent increase forecast by a […]

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22/03/2017 – This Morning’s Currency Rates

  • Posted by currencies in Rate Alerts
  • March 22, 2017
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Please find todays exchange rates at the bottom of this article. The pound flattened out today after hitting its highest levels in almost four weeks, speculation that the Bank of England will raise rates within the next year cooled by broader concerns about a Brexit-driven slowdown in the UK economy. Sterling has surged 3 percent […]

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Sterling steadies after recent boost

The pound flattened out today after hitting its highest levels in almost four weeks, speculation that the Bank of England will raise rates within the next year cooled by broader concerns about a Brexit-driven slowdown in the UK economy. Sterling has surged 3 percent in the past week, driven by a turnaround in the dollar […]

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21/03/2017 – This Morning’s Currency Rates

  • Posted by currencies in Rate Alerts
  • March 21, 2017
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This mornings rates can be found at the bottom of this article. British inflation last month shot past the Bank of England’s 2 percent target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising global oil prices. Consumer prices […]

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UK inflation shoots past Bank of England target

British inflation last month shot past the Bank of England’s 2 percent target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising global oil prices. Consumer prices leapt by a stronger-than-expected 2.3 percent in annual terms, their biggest increase […]

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20/03/2017 – This Morning’s Currency Rates

  • Posted by currencies in Rate Alerts
  • March 20, 2017
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Please see this mornings currency exchange rates this morning at the bottom of this article. Sterling rose to a three-week high against the dollar this morning, sales of the dollar after the G20 gave in to U.S. pressure and omitted a reference to protectionism pushing the greenback lower for a fourth day running. The dollar’s […]

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US Dollar weakens for 4th day in a row

Sterling rose to a three-week high against the dollar this morning, sales of the dollar after the G20 gave in to U.S. pressure and omitted a reference to protectionism pushing the greenback lower for a fourth day running. The dollar’s weakness has eased pressure on the pound as Prime Minister Theresa May prepares to launch […]

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17/03/2017 – This Morning’s Currency Rates

  • Posted by currencies in Rate Alerts
  • March 17, 2017
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Please see today’s exchange rates at the bottom of the article. The pound rose for the third day running against the dollar this morning for the first time since mid-January, drawing confidence from signs some at the Bank of England may be leaning toward a rise in interest rates to support the currency. Minutes from […]

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Pound gains due to BoE leaning towards a rate rise

The pound rose for the third day running against the dollar this morning for the first time since mid-January, drawing confidence from signs some at the Bank of England may be leaning toward a rise in interest rates to support the currency. Minutes from the Bank’s latest Monetary Policy Committee meeting shocked markets on Thursday […]

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16/03/2017 – This Morning’s Currency Rates

  • Posted by currencies in Rate Alerts
  • March 16, 2017
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Please see today’s exchange rates at the bottom of the article. Sterling hit an eight-week this week in reaction to Parliament’s approval of the Article 50 bill – but with at least two years of negotiations ahead, could the currency fall even further? MPs voted down two amendments added by the House of Lords to […]

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