Pound gains after strong PMI data
Sterling jumped almost half a cent against the dollar on Wednesday after a survey of Britain’s dominant services sector showed activity at a three-month high in March and beating all […]
Sterling falls against Dollar & Euro
Sterling slipped against the dollar, euro and yen today, kept under pressure by uncertainty over the terms of Britain’s exit from the European Union and by doubts over how soon […]
We trigger Article 50 today
Sterling slipped to an eight-day low against the dollar today, just hours before Prime Minister Theresa May was due to trigger two years of negotiations to take Britain out of […]
What will happen to Sterling once we trigger Article 50
Sterling traded within a tight range today, outperforming other major peers against the dollar, apparently disregarding Britain’s looming formal launch of negotiations on leaving the European Union. British Prime Minister […]
Article 50 will be triggered this Wednesday
It seems like a very long time ago that the UK public came out and voted to leave the EU, after all of the issues in the Houses of Commons […]
Pound drops due to Brexit worries
Sterling fell against the dollar and euro today, retreating from the previous session’s one-month highs, as investors braced for Britain’s beginning the formal process of leaving the European Union next […]
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 […]
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 […]
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 […]
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 […]