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Leadership Challenge?

The British pound recovered from 2-1/2-week lows but gains were limited because of continuing uncertainty about whether Prime Minister Theresa May can see off her opponents and secure Britain an exit deal from the European Union. May told parliament on Monday that the Brexit deal with Brussels was 95 percent complete, and she urged restive […]

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22/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 22, 2018
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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 firmed modestly versus the dollar, benefiting from the greenback’s retreat and signs a Brexit deal was almost done, though the prickly Irish border issue and disagreements within the UK […]

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95% Brexit Done – According To May

Sterling firmed modestly versus the dollar, benefiting from the greenback’s retreat and signs a Brexit deal was almost done, though the prickly Irish border issue and disagreements within the UK ruling party capped gains. British Prime Minister Theresa May is expected to tell parliament later that 95 percent of the country’s divorce deal has been […]

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19/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 19, 2018
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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. European Union negotiator Michel Barnier said on Friday a Brexit deal with the United Kingdom was 90 percent done, although there was still a chance no accord would be reached […]

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90% Done Deal

European Union negotiator Michel Barnier said on Friday a Brexit deal with the United Kingdom was 90 percent done, although there was still a chance no accord would be reached due to ongoing stumbling blocks over the Irish border. On Thursday, British Prime Minister Theresa May and other EU leaders voiced renewed confidence that they […]

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18/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 18, 2018
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British retail sales fell by the most in six months last month after a large drop in food purchases, which followed an unusually warm summer that had encouraged Britons to splash out on barbecues. Retail sales volumes in September dropped by 0.8 percent from August – a bigger fall than economists had expected in a […]

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UK Retail Sales Drop

British retail sales fell by the most in six months last month after a large drop in food purchases, which followed an unusually warm summer that had encouraged Britons to splash out on barbecues. Retail sales volumes in September dropped by 0.8 percent from August – a bigger fall than economists had expected in a […]

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17/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 17, 2018
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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 drops notably just after September consumer inflation data came in lower than expected. Headline CPI slowed to 2.4% yoy, down from 2.7% yoy and missed expectation of 2.8% yoy. […]

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UK CPI & RPI Weaker

Sterling drops notably just after September consumer inflation data came in lower than expected. Headline CPI slowed to 2.4% yoy, down from 2.7% yoy and missed expectation of 2.8% yoy. Core Inflation slowed to 1.9% yoy, down from 2.1% yoy and missed expectation of 2.1% yoy. The ONS noted that “The largest downward contribution to […]

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15/10/2018 – This Afternoon’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 15, 2018
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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 held near a one-week low today as Brexit negotiations appeared to have stalled before a crucial European Union summit later this week. Negotiators from both sides have been locked […]

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