Market Update
Britain’s economy grew for a third month in a row in July as pubs, restaurants and other sectors reopened after the coronavirus lockdown, but it remained around 12% smaller than […]
Market Update
Sterling hit a six-week low below $1.29 before bouncing back above $1.30 as Britain unveiled draft legislation for post-Brexit life, stoking concern that trade talks with the European Union could […]
Market Update
Upcoming jobs data out of the United Kingdom could spark a reversal in GBP/USD rates, should the unemployment rate in June exceed the consensus forecast 4.2%. This economic data may […]
Market Update
Sterling rose against a weaker euro but fell versus the dollar after the $1.30 level reached late in the previous session did not hold, with Brexit and the economic fallout […]
Market Update
Britain’s economy stumbled out of its coronavirus-induced slump in May, casting doubt on the chances of a rapid rebound and suggesting more government help to kickstart recovery may be on […]
Market Update
Sterling dipped against the dollar and euro as some investors braced for a larger-than-expected increase in the Bank of England’s quantitative easing programme to combat the economic fallout of the […]
Market Update
The dollar fell against most currencies amid some speculation the U.S. Federal Reserve could take steps to curb a recent rise in bond yields in a policy decision later in […]
Market Update
Sterling set to lose recent gains against the dollar and weaken further if Britain does not ask for an extension to its Brexit transition period by a June 30 deadline […]
Market Update
The pound rose against overnight and continued to gain in early London trading, after Prime Minister Boris Johnson set out plans to reopen thousands of high street shops, department stores […]
Market Update
Sterling edged lower against both the U.S. dollar and the euro as fresh data showed retail sales fell by a record 18% as the coronavirus crisis hammered the economy and […]