UK PMI better than expected this morning
Sterling rose briefly on Tuesday after data showed UK manufacturing growth surged to a three-year peak in April, adding to signs that factories are enjoying at least a temporary boost […]
UK Economy grows less than expected
Britain’s economy grew less than expected in the first quarter of 2017, according to preliminary numbers from the ONS released on Friday. GDP grew by just 0.3% in the quarter, […]
Sterling hits 7 month high against dollar
Sterling rose around half a percent to 7-month highs above $1.29 this morning, helped by a broader softening of the dollar and polls showing Prime Minister Theresa May on course […]
Pound slips against Dollar and Euro
Sterling dipped versus the dollar and euro today, struggling for direction ahead of first quarter growth numbers due on Friday in a week so far dominated by events in the […]
Sterling falls against Euro – French Election
Sterling fell sharply against the euro today as investors favoured Europe’s currency over Britain’s in a wave of relief sweeping financial markets following results of the first round of France’s […]
What does the general election mean for the pound?
British PM, Theresa May surprised the markets on Tuesday morning by announcing a snap general election in June. The instant reaction to this was the Pound rising by around 3% […]
UK GDP as expected
Sterling slipped against the dollar again, as investors readied for the European Union’s official response to Britain’s letter of exit from the bloc, as well the final verdict on Britain’s […]
Article 50 : We wait for the EU response
Sterling fell against the dollar, as investors awaited responses from European leaders and considered the forthcoming negotiations between Britain and the European Union, a day after Britain triggered its exit […]
We trigger Article 50 today
Sterling slipped to an eight-day low against the dollar today, just hours before Prime Minister Theresa May was due to trigger two years of negotiations to take Britain out of […]
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 […]