UK Wage Data Strong
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- February 19, 2019
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UK pay growth held at its fastest pace in a decade in late 2018 and job creation remained strong, official figures showed this morning, suggesting the labour market was staying buoyant ahead of Brexit. Total earnings, including bonuses, rose by an annual 3.4 percent in the three months to December, remaining at its fastest pace […]
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UK GDP worst since 2012
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- February 11, 2019
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Britain’s economy slowed as expected in the final three months of last year, pushing growth in 2018 to its weakest in six years, as Brexit worries hammered investment into the UK. Gross domestic product growth in the final quarter of 2018 fell to a quarterly rate of 0.2 percent from 0.6 percent in the previous […]
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BOE sees weakest outlook since 2009
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- February 8, 2019
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The pound has been volatile this week. It fell further yesterday after the BoE kept interest rates on hold and then strengthened when the central bank said rates will rise if an EU divorce deal is done. That was seen as somewhat hawkish a time when other major central banks have said they will hold […]
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Brexit Chaos Weighs On Sterling
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- February 7, 2019
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The pound has fallen fell below $1.29 for the first time in more than two weeks as dollar strength prompted traders to move to the side lines before a central bank meeting and growing Brexit uncertainty. With a Brexit deal still not in the bag, the Bank of England’s rate-setters are expected to vote unanimously […]
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Chances Of A General Election Rise
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Referendum, Sterling, UK, Uncategorised
- January 10, 2019
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The pound has dropped across the board after Theresa May lost two Brexit-related votes in as many days. Britain’s main opposition Labour Party will demand a general election if May loses a vote in parliament over her Brexit plans next week, we expect Corbyn to mention this today. The British currency was hit by the […]
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Sterling Strengthens Ahead Of Debates
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, Inflation, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- January 8, 2019
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Sterling has risen ahead of parliament reconvening this week and debate Prime Minister Theresa May’s Brexit withdrawal agreement. Traders expect the next two weeks to be highly volatile for sterling. A vote on May’s Brexit deal – which she has said MPs must back if Britain is to avoid a disorderly Brexit in March – […]
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UK pay growth lags behind Inflation
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, David Cameron, Dollar, Economy, EUR, GBP, Home, Inflation, Mark Carney, Sterling, UK, Uncategorised
- October 18, 2017
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Sterling got only a temporary boost from data showing British wage growth edged above forecasts this morning, rising briefly against the dollar before dropping off again. British pay growth has lagged behind inflation again, official data showed, but the figures are likely to cement expectations among investors that the Bank of England will soon raise […]
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Sterling hits 15 month high vs US Dollar
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, David Cameron, Dollar, Economy, EUR, GBP, Home, Inflation, Mark Carney, Message, Sterling, UK, Uncategorised
- September 18, 2017
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Sterling hit a 15-month high against the dollar today before retreating a notch as investors wound back some of last week’s bets on a Bank of England rate rise ahead of a speech by the central bank’s governor Mark Carney. The pound rocketed past $1.36 to its strongest since the Brexit vote on Friday after […]
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UK Inflation Unexpectedly Slows
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Sterling, UK, Uncategorised
- July 18, 2017
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British inflation unexpectedly slowed for the first time since October last month, adding to the likelihood that the Bank of England will keep interest rates at a record low in August. Consumer prices rose by 2.6 percent compared with a year earlier, the Office for National Statistics said on Tuesday, down from a nearly four-year […]
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Dollar Steadies, Sterling Drops
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- July 6, 2017
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The dollar steadied against its peers early this morning after the Federal Reserve’s policy meeting minutes took the wind out of its advance, with the market awaiting comments by central bankers and U.S. data for its next cues. The greenback had rallied earlier in the week after upbeat U.S. economic indicators lifted Treasury yields to […]
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