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 […]
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 […]
Sterling weakness expected to continue
Sterling hit an eight-week high this week in reaction to Parliament’s approval of the Article 50 bill – but with at least two years of negotiations ahead, could the currency […]
May wins right to start divorce proceedings with EU
Prime Minister Theresa May has won the right to launch divorce proceedings with the European Union and begin two years of talks that will shape the future of Britain and […]
An important week ahead as Sterling hits new low.
Over the last two weeks, we have seen the Pound fall by around 3.5% against most major currencies, this has been due to both weak economic data, and a loss […]
Pound Decline Continues
Manufacturing output fell by 0.9 percent in January, a bigger decline than the 0.6 percent fall forecast. Overall industrial output fell 0.4 percent in January. Britain’s manufacturing sector struggled to […]
Fresh New Lows For Pound
Sterling slipped even lower today, as investors brushed off the finance minister’s budget statement the previous day as largely a “non-event” that would do little to boost growth in Britain […]