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 […]
What will affect Sterling this week?
Last week was pretty underwhelming as the Prime Minister is still yet to form her Government, and it seems Brexit negotiations have started pretty smoothly (Not sure how long it […]
Carney – Not the time for a rate rise
Sterling fell by almost a full cent against the dollar today after Bank of England governor Mark Carney said now was not the time to raise interest rates, dashing some […]
Pound declines – Latest YouGov poll shows no majority election win
The British pound dropped today after a new poll found that British Prime Minister Theresa May’s Conservative Party risks falling short of an overall majority in the June 8 national […]
Sterling falls as latest poll shows PM lead is cut further
Sterling fell on Friday after a poll showed a narrowing lead for British Prime Minister Theresa May over her opposition ahead of elections next month, while weakness in oil prices […]
Sterling Slips After Manchester Terror Attack
The pound slipped on Tuesday following a suicide bombing attack at an Ariana Grande concert at Manchester Arena, the most deadly attack in the UK in a decade. Police raised […]
PM’s lead falls back after latest poll
Britain’s pound fell back below $1.30 today after a pair of polls over the weekend showing Prime Minister Theresa May’s opinion poll lead falling back into single figures ahead of […]
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 […]
UK Jobs data moves the markets
British pay growth lagged inflation for the first time in two-and-a-half years in early 2017, underscoring the growing Brexit squeeze facing many households, official data showed this morning. Excluding bonuses, […]