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The pound continued its recovery against the euro yesterday after the Office for National Statistics (ONS) reported in its second reading of the Gross Domestic Product (GDP) for the fourth and last quarter of 2013 for…
Ahead of the key piece of UK economic data out this week when the Office for National Statistics (ONS) reports its second reading of the UK Gross Domestic Product (GDP) for the fourth and last quarter of 2013, the pound…
Worldwide risk appetite seems to be making something of a comeback with the main FTSE100 index in London closing at its second highest ever figure following decent corporate data and the news out of the latest G20…
The pound fell for the third day in a row against the euro after the Office for National Statistics (ONS) reported a surprise increase in the UK unemployment rate by 0.1% to 7.2% in the three months ended in December…
The pound lost ground for a second day in a row against the euro after the latest inflation data was published in the UK. The Office for National Statistics (ONS) reported that the Consumer Price Index (CPI) fell to 1.9%…
The pound remains at its highest level against the US dollar since November 2009 on an otherwise quiet start to the trading week with the US markets closed for the Presidents Day holiday. In the UK, property website…
The pound climbed to close within a whisker from a 3 year high against the US dollar yesterday as markets digested the improved outlook for the UK economy as featured in the latest Bank of England (BoE) forecast…
The pound rallied against the euro and US dollar in particular yesterday following the release of the latest Bank of England quarterly inflation report which was highlighted by the BoE lifting its growth forecasts for…
Risk appetite made something of a comeback in the markets yesterday with the Australian and New Zealand dollars and South African Rand all registering strong gains on the day’s trading whilst the US dollar, a traditional…
The pound started the week where it left off last week, by falling against the majority of the 16 most actively traded currencies in the market. Economic data from the UK continues to much of a mixed-bag with all eyes on…
Ahead of the latest policy announcements from both the Bank of England (BoE) and the European Central Bank (ECB), the pound continues to ease from the recent highs reached in January when we saw sterling hit a 6 year…
After suffering losses right across the board at the beginning of the trading month, the pound had more of a mixed day, making a small gain against the euro but losing heavily against the Australian dollar. Markit…
The pound started a new month by falling against all 16 of the most actively traded currencies in the market yesterday. A combination of poor worldwide economic data, giving rise to fresh doubts over the world economic…
