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All eyes on Fed meeting this evening

Sterling steadied today after data showed the number of people in work in Britain falling but wages growing, as investors focused on a Federal Reserve meeting later in the day […]

Big week ahead for Sterling

Sterling edged up this morning, recovering some ground lost last week as investors braced for what is shaping up to be a busy week with the latest top-tier UK economic […]

UK industrial output poor

Sterling posted its biggest slide in two months on Wednesday after poor British industrial output data added to the sense that a month-long recovery in the currency may have run […]

Thursday is key for the Euro

The euro held steady near a 3-week high today while bets on market volatility stayed close to their highest since June’s Brexit vote ahead of this week’s European Central Bank […]

Euro drops due to Italian Referendum result

The euro rebounded from 21-month lows today, clawing back almost all the ground it had lost overnight after Italian Prime Minister Matteo Renzi conceded defeat in a referendum on plans […]

Construction PMI stronger than expectations

Growth in Britain’s construction industry unexpectedly touched an eight-month high in November, but its costs rocketed at the fastest pace since 2011, fuelled by sterling’s slump after the June vote […]

UK Consumer confidence falls

Sterling steadied in the middle of a 3-cent range it has held for most of the past month this morning. Confidence among British consumers fell in November to its lowest […]

Pound boosted by PM comments

Sterling surged more than a cent against the dollar yesterday and to its highest since early September versus the euro as the market processed Prime Minister Theresa May’s latest hints […]

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