Fed Raise Rates, Sterling Lower
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Retail Sales, Sterling, UK, Uncategorised
- June 15, 2017
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Sterling dipped around 0.2 percent against the dollar in morning trade in London this morning, suffering along with other major currencies from a boost to the greenback from Wednesday’s U.S. Federal Reserve policy decision and commentary. The pound was barely higher against the euro, however, and dealers said the currency was still subject to nerves […]
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UK Earnings drop at fastest pace since 2014
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Sterling, UK, Uncategorised
- June 14, 2017
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British workers’ earnings after inflation contracted at the fastest pace since 2014 in the three months to April, underscoring the growing Brexit squeeze facing many households, official data showed this morning. The figures showed the challenge facing Prime Minister Theresa May and her new government, with signs that households are feeling the strain of rising […]
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Sterling will stay under pressure
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- June 12, 2017
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Sterling gave back early gains against the dollar to trade flat today, back under pressure after British general elections that yielded no clear majority for any party and threatened to undermine Brexit talks later this month. Prime Minister Theresa May reappointed most of her ministers on Sunday but brought a Brexit campaigner and party rival […]
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Sterling Crumbles!
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 9, 2017
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Sterling tumbled as much as 2.5 percent on Friday, while the FTSE share index opened higher, after British voters denied any party a majority of seats in parliament, plunging the country into political chaos days before the start of Brexit talks. With no clear winner emerging from Thursday’s election, Prime Minister Theresa May was fighting […]
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Sterling up as latest poll shows comfortable win for May
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 8, 2017
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The euro was little changed against the dollar today before a European Central Bank policy announcement and the pound rose to two-week highs as voting began in Britain’s election, with final polls pointing to a win for Prime Minister Teresa May’s party. The ECB is not expected to make any changes to monetary policy, but […]
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5 polls expected today
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 7, 2017
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Britain entered the final day of campaigning ahead of a parliamentary election that will define its approach to leaving the European Union but has been overshadowed by two militant attacks in as many weeks. Prime Minister Theresa May unexpectedly called the June 8 election seven weeks ago, seeking to boost her parliamentary majority ahead of […]
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All Eyes On Thursday
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 6, 2017
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In Britain, the latest opinion poll, by Survation for ITV television, showed Prime Minister Theresa May’s lead over the opposition Labour Party holding at just 1 percentage point ahead of the election. The dollar hit a six-week low against the safe-haven yen on Tuesday as caution mounted ahead of Britain’s election, a European Central Bank […]
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Sterling – Volatile week ahead
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 5, 2017
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Sterling recovered ground today after falling half a cent against the dollar in early Asian deals as traders reacted to another militant attack over the weekend in London ahead of Britain’s national election this week. Saturday’s attack – the third in England in three months. Sterling has wobbled over the past two weeks, with investors’ […]
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UK Construction & Manufacturing Boost UK Economy
- Posted by currencies in Bank of England, Bremain, Brexit, Budget, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- June 2, 2017
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British construction activity grew at its fastest rate since the end of 2015 last month, as a pick-up in housebuilding helped builders shake off a lack lustre start to the year, a survey showed this morning. The Markit/CIPS construction purchasing managers’ index (PMI) jumped to 56.0 from 53.1, its highest since December 2015 and above […]
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Sterling rises as investors ignore the polls
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Prime Minister, Referendum, Sterling, UK, Uncategorised
- May 30, 2017
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Sterling rose against the dollar on Tuesday, with investors shrugging off opinion polls showing British Prime Minister Theresa May’s lead over the Labour opposition narrowing less than two weeks before a general election. The pound has risen nearly 4 percent since May called a snap election for June, as investors bet a then-predicted landslide majority […]
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