Sterling Devalues Due To Fresh Uncertainty
Sterling fell against major currencies this morning, as the prospect of another Scottish independence vote and signs a major merger was unlikely to go through renewed fears about Britain’s future […]
Sterling Has Best Week Since January
Sterling slipped from a 2-week high to the dollar this morning but was still on track for its strongest week since January as concerns about politics in the United States […]
Euro Weakens as Le Pen Wins Latest Poll
Sterling rose almost 1 percent against the euro today, to its highest in two months, after another opinion poll showing far-right French presidential candidate Marine Le Pen gaining ground hit […]
Sterling Continues To Push
Sterling fell against the dollar but made ground versus the euro this morning, before Bank of England Governor Mark Carney and several his chief lieutenants testify in Britain’s parliament. The […]
Positive Start For Sterling
The pound rose against most major currencies this morning, snapping a three-day fall versus the euro, at the start of another week likely to be dominated by questions about how […]
UK Retail Sales Shock Sterling
Sterling sank by 0.5% on the day against the dollar and Euro this morning after British retail sales racked up their third monthly fall on the trot in January, disappointing […]
UK Data Better Than Expectations
British manufacturing grew more strongly than expected in December, showing the economy remained resilient to the end of the year despite June’s Brexit vote shock, although 2017 looks like it […]
Pound Gains Against Euro & Dollar
The British pound steadied around $1.25 this morning after a series of swings a day earlier driven by competing signals on the outlook for growth, interest rates and Britain’s withdrawal […]
PM’s Brexit Bill Faces Challenges In Parliament
Sterling hit a one-week low against the dollar as Prime Minister Theresa May faced challenges over her legislative plan for taking Britain out of the European Union. A three-day debate […]
Sterling Fall Continues To Hurt UK Companies
Sterling’s sharp fall against the U.S. dollar and Euro since June’s Brexit vote has so far hurt almost as many exporters as it has aided, the British Chambers of Commerce […]