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The pound continues to reinforce itself at the upper end of recent trading ranges, improving on its multi-year highs against a number of currencies like the US, Australian and Canadian dollars and multi-month highs…
News from the Office for National Statistics (ONS) that the UK economy expanded at an 0.8% rate in the third quarter of this year, in line with analysts’ expectations helped the pound remain at the top end of its 2013…
The pound remains at multi-year highs against a range of currencies including the Canadian and Australian dollars and multi-month highs against others like the euro and New Zealand dollars. Bank of England (BoE) Governor…
The pound opened the week holding on to the recent gains which saw it hit a multi-year high against the likes of the Australian and Canadian dollars and multi-month highs against the likes of the Euro and New Zealand…
The pound stands at multi-year high’s this morning against the Australian and Canadian dollar’s and multi-month highs against the euro and New Zealand dollar’s as the data out of the UK continues to improve and the…
The pound rose sharply yesterday afternoon against the single currency. Yesterday morning, the minutes of the last Bank of England (BoE) Monetary Policy Committee (MPC) meeting from 6/7 November were published and showed…
China continues to dominate the news headlines this week. After the publication over the weekend of what some commentators are calling the most far reaching reform package since 1985, yesterday China's central bank…
News over the weekend of the biggest reform package from the Chinese leadership since 1985 improved risk sentiment, drove the Dow Jones index in New York over the 16,000 level and aided the high yielding, risk based…
The pound continues to benefit from the most positive outlook on the UK economy made by the Bank of England in 6 years trading towards the top end of its trading range virtually across the board. The pound received…
In complete contrast to yesterday, the pound recovered all of the previous day’s losses on the back of better than expected UK employment data and the most positive assessment out of the Bank of England about the UK…
The pound fell heavily on Tuesday against both the euro and US dollar after the publication of much poorer than expected UK inflation data. The Office for National Statistics (ONS) surprised the markets yesterday with…
The pound fell away from the 10 month high reached on Thursday afternoon against th euro following the surprise decision by the European Central Bank (ECB) to cut euro zone interest rates by 0.25% to 0.25% after some…
The European Central Bank (ECB) surprised the markets yesterday with a 25 basis point interest rate cut, cutting euro zone interest rates from 0.5% to 0.25% following the very disappointing inflation and unemployment…
The pound reached a one month high against the euro yesterday after better than expected UK industrial output data. According to data from the Office for National Statistics (ONS), UK industrial production rose at a 0.9%…
The pound found support yesterday from data showing a pick-up in both the UK manufacturing and construction sectors. The latest data from market research firm Markit showed that a pick-up in export orders which are now…
The pound made a strong recovery against the euro yesterday, gaining over1% on the day’s trading after the Nationwide reported that UK house prices rose at their fastest annual pace in more than three years in October.…
