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Sterling bounces back

Sterling rebounded from a five-week low against the dollar this morning, boosted by renewed weakness in the greenback after the Federal Reserve kept monetary policy steady and projected a less […]

Sterling drops against the Euro again

Sterling steadied against a broadly weaker dollar this morning, in the run-in to U.S. and Japanese central bank meetings that were taking the market’s focus temporarily off the latest concerns […]

Sterling slips against Euro & Dollar

Sterling slipped against the dollar and euro today and is on track for its worst week in five on a trade-weighted basis, as investors worried about Britain’s vote to leave […]

UK Retail Sales boost pound

Sterling rose briefly on Thursday after data showed British retail sales fell at a much slower pace than expected in August, although expectations that the Bank of England is likely […]

Sterling boosted by UK Jobs Data

Sterling rose this morning, boosted by data that showed resilience in Britain’s labour market to fallout from June’s Brexit vote. The jobless rate in the three months to July was […]

UK PMI Manufacturing boosts the pound!

The Markit/CIPS Purchasing Managers’ Index (PMI) – a closely watched gauge of factory activity – jumped to a 10-month high of 53.3 in August after tumbling to a three-year low […]

UK consumer confidence on the up

Sterling rose this morning, boosted by improved consumer confidence and rising British house prices in August, adding to growing signs that the economy was holding up well despite a shock […]

UK GDP in line with forecasts

Sterling hovered near a three-week high against the dollar on Friday, supported by solid growth and business investment data that helped offset worries over the impact of Britain’s shock vote […]

Sterling continues to gain due to positive data

Sterling climbed against the euro and held just below $1.32 this morning, with speculators trimming bets against the currency after recent data indicated that the economy was holding up surprisingly […]

Sterling gains again this morning

Sterling hit a three-week high against the dollar this morning, rising above $1.32 as speculators cut bets against it after data suggested Britain’s economy was holding up surprisingly well in […]

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