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The pound enjoyed a steadier day in yesterday’s foreign exchange market rising to a level against the Euro not seen since 6 August. The Confederation of British Industry (CBI) in its latest quarterly Distributive Trades…
The pound fell again as trading re-started after Monday’s Bank Holiday in the UK and traded at a 6 month low against the US Dollar and a 9 month low against the Australian Dollar. Uncertainty over the UK political…
The Pound made a recovery of sorts in yesterday’s foreign exchange markets after the sharp falls suffered on Tuesday after the publication of the minutes of the last Bank of England (BoE) Monetary Policy Committee (MPC)…
The Pound Sterling traded at a new 4 month low against the US Dollar yesterday in the currency markets after the release of the latest UK inflation data. The Office for National Statistics (ONS) reported that the UK's…
The Pound ended the month of July on a disappointing note in yesterday’s foreign exchange market. Having touched earlier in the month a 22 month high against the Euro and a 6 year high against the US Dollar, it fell…
