Sterling steadies after recent big losses
Sterling steadied this morning after posting its biggest four-day decline in two months against the dollar as investors grew bearish about the outlook of the economy. The British pound was […]
Sterling – The week ahead
The big news from the past week for the British Pound was the Bank of England’s rate decision on Thursday. This was a quarterly meeting, often referred to as ‘Super […]
Pound’s worst day in a month
Sterling posted its biggest daily loss in a month, as some investors consolidated positions after the Bank of England kept interest rates at record lows and lowered its growth and […]
UK Services slightly better – All eyes on BoE at 12PM
The exchange rates are listed at the bottom of this article, please note the rates are for indication only. For live quotes contact us vis email or phone. Britain’s economy […]
UK Construction drops to 11 month low
Growth in Britain’s construction industry tumbled to an 11-month low in July, as a lacklustre outlook for the economy and heightened political uncertainty deterred new orders, a survey showed today. […]
Sterling hits 11 year high
Pound climbed to its highest levels against the dollar since mid-September today, as data showing UK manufacturing growth recovered from a seven-month low in July eased concerns about an economic […]
Big Week Ahead – GBP/USD above 1.31
Britain’s pound traded above $1.31 today, close to a 10-month high, as investors eyed this week’s Bank of England “Super Thursday” for a steer on whether record-low interest rates could […]
Pound Surges Against US Dollar
Sterling hit a 10-month high against a broadly weaker dollar today, after the U.S. Federal Reserve left policy unchanged and appeared less confident about inflation picking up, which investors took […]
Sterling hovers around $1.30
Sterling steadied just above $1.30 today, unable to break out against a broadly weaker dollar as worries over Brexit and the pace of UK economic growth swirl. The pound recovered […]
Sterling slightly recovers after 9 month low against the Euro
Sterling edged up against the euro today, recovering from its worst week against the single currency in nine months and its lowest levels this year, as the euro dipped on […]