Sterling rises against the Euro before Brexit summit
Last week was relatively positive for Sterling exchange rates after surpassing 1.34 against the U.S Dollar and 1.13 against the Euro. The main reasons for this were instability in the […]
UK Manufacturing beats expectations
Sterling got a brief boost on Friday as data showed British factories enjoyed their best month in more than four years in November, suggesting manufacturing will give a boost to […]
Dollar weakens – UK GDP as expected
The dollar is currently at a one-month low against other major currencies today, as the minutes of the Federal Reserve’s most recent policy meeting continued to weigh on the greenback. […]
Brexit talks look optimistic for the pound
Theresa May met with senior members of her ministerial team on Monday amid expectations that she will offer the European Union more than she committed to during a speech in […]
Pound gains against a weakening Euro
The euro continues to weaken this morning, continuing from yesterday’s biggest fall in nearly a as investors shrugged aside concerns of any fallout from the German political deadlock for now. […]
Pound hits a 2 and a half week high
The pound was up this morning hitting a 2 and a half week high against most currencies, due to the Brexit news over the weekend being interpreted as positive, Germany […]
UK Wage Data Released
This morning we have had a lot of data released surrounding wage growth, claims and unemployment rates in the UK. The results of the data showed us that a number […]
Pound suffers due to parliament uncertainty
Sterling dropped off this morning after media reports on the weekend that Theresa May is struggling with her party at a time when Brexit talks are at a critical point. […]
UK Data surprisingly better than expectations
The pound recouped some of yesterday’s losses this morning as the Manufacturing and Industrial data came in slightly stronger than expectations this morning. Surprisingly the industrial data increased at its […]
Sterling outlook is gloomy
The pound was up a little this morning as there are expectations that the Bank of England will eventually tighten their policies thus protecting the pound from the current conservative […]