Dollar Strengthens while Sterling remains volatile
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. The U.S. dollar was at […]
Pound continues to drop off
Sterling fell for a third straight day yesterday, hitting two-week lows against a broadly stronger dollar even though investors remained wary of selling it down too far before this week’s […]
Brexit worries weigh on the pound
Sterling is advancing moderately today, and GBP/USD is moving closer to the psychological hurdle at 1.4000 again. Cable came under persistent downside pressure as of late following a renewed buying […]
The UK economy slowed last month
Britain’s economy slowed sharply in January, according to a survey which cast doubt on growing expectations among investors that the Bank of England might be gearing up to raise interest […]
UK Rate Rise?
We waited over 10 years for a Bank of England (BoE) interest rate increase, now many investors and analysts are expecting another one very soon. The BoE’s Monetary Policy Committee […]
Sterling Update
Sterling has climbed more than 5 percent since the start of the year as the U.S. currency has weakened broadly and as investors have become optimistic about Britain’s economy and […]
Dollar Volatility Continues
The dollar came under renewed selling pressure this morning, sliding lower against a basket of major currencies ahead of the Federal Reserve’s policy decision. The U.S. dollar index, which measures […]
Sterling looses recent gains
The dollar moved higher against a currency basket of currencies today, buoyed by higher U.S. bond yields as investors turned their attention to U.S. President Donald Trump’s State of the […]
Dollar fights back
The dollar is higher against a basket of currencies today, helped by rising bond yields and a week packed with U.S. data starting with a central bank policy decision, though […]
UK economy grew 0.5% in the fourth quarter
The pound rose today as traders looked to fourth-quarter economic growth numbers due later to see if Britain’s economy is proving more resilient than expected, which could help sterling extend […]