Pound breaks 1.30 against USD again

Sterling was set for a 1 percent weekly gain versus the dollar today although some investors were calling a top on the British currency, which climbed above $1.30 this week […]

UK Retail Sales Soar in April

British shoppers set aside their concerns about fast-rising inflation following last year’s Brexit vote and unexpectedly stepped up spending at the fastest rate in years, helped by fine weather, official […]

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 […]

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 […]

Sterling steadies after recent boost

The pound flattened out today after hitting its highest levels in almost four weeks, speculation that the Bank of England will raise rates within the next year cooled by broader […]