UK Economy grows less than expected
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- April 28, 2017
- No Comments
Britain’s economy grew less than expected in the first quarter of 2017, according to preliminary numbers from the ONS released on Friday. GDP grew by just 0.3% in the quarter, while on an annual basis the figure was 2.1%. Prior to the release economists had forecast 0.4% growth, representing a slowdown from the 0.7% figure […]
READ MORE
Sterling hits 7 month high against dollar
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- April 27, 2017
- No Comments
Sterling rose around half a percent to 7-month highs above $1.29 this morning, helped by a broader softening of the dollar and polls showing Prime Minister Theresa May on course for a landslide in the early election she has called for June. The pound rose by as much as 4 cents when May announced the […]
READ MORE
Pound slips against Dollar and Euro
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- April 26, 2017
- No Comments
Sterling dipped versus the dollar and euro today, struggling for direction ahead of first quarter growth numbers due on Friday in a week so far dominated by events in the euro zone. The pound sank to a two-week low versus the euro on Tuesday, as the single currency bounced for a second day following market-favoured […]
READ MORE
Sterling continues to slip against the euro
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- April 25, 2017
- No Comments
Sterling dipped against the euro again today, kept under pressure by the single currency’s renewed strength as relieved investors turned optimistic on Europe after the first round of the French presidential election. On Monday the pound had its worst day versus the euro since early January, falling 1.4 percent after a run-off vote between two […]
READ MORE
Sterling falls against Euro – French Election
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- April 24, 2017
- No Comments
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 presidential election. The pound rallied nearly 2 percent last week, hitting four-month highs against the euro, after British Prime Minister Theresa May called for a […]
READ MORE
What does the general election mean for the pound?
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- April 21, 2017
- No Comments
British PM, Theresa May surprised the markets on Tuesday morning by announcing a snap general election in June. The instant reaction to this was the Pound rising by around 3% across the board, which I am sure many of you were happy to see! Tuesday was, in fact, the best day Sterling has had since […]
READ MORE
Sterling stays strong
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Referendum, Sterling, UK, Uncategorised
- April 20, 2017
- No Comments
The pound inched higher against a basket of major currencies today, after a solid performance against the euro before the first round of French presidential elections and from an improvement due to the snap election announcement. Sterling rose against a broadly weaker dollar with bullish polls for Prime Minister Theresa May’s Conservatives adding to expectations […]
READ MORE
Pound Surges
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Home, Sterling, UK, Uncategorised
- April 19, 2017
- No Comments
The pound has advanced to fresh multi-week highs against the Euro and US Dollar as the currency market reacted to a surprising announcement from UK Prime Minister Theresa May. After May revealed her intention to hold a general election on June 8th, GBP/EUR jumped to 1.1890 and GBPUSD jumped to 1.27. Despite previously asserting that […]
READ MORE
Pound boosted by data
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- April 12, 2017
- No Comments
British pay growth after accounting for inflation almost disappeared completely in the three months to February, the clearest evidence yet that households are feeling the strain of rising prices as Brexit negotiations begin. Workers’ total earnings including bonuses rose by an annual 2.3 percent in the three months to February, unchanged from the previous period, […]
READ MORE
UK Inflation stays at 2.3%
- Posted by currencies in Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- April 11, 2017
- No Comments
UK inflation’s huge surge since the Brexit referendum paused in March, remaining at the same level seen in February, according to the latest release from the Office for National Statistics on this morning. The ONS said that the UK’s consumer price index — the key measure of inflation — was 2.3%, flat from February, and […]
READ MORE
