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The Pound recovered in yesterday’s foreign exchange markets against both the Euro and US Dollar. In the UK, the latest GfK UK consumer confidence survey showed the most positive consumer sentiment in nine years this…
The Pound continued to slip against the Euro yesterday in the foreign exchange markets after the publication of the latest retail sales figures showed a sharp slowdown in June, calming analysts expectations of a…
The Pound lost ground yesterday against both the Euro and the US Dollar in the currency markets after the Bank was accused of acting like an "unreliable boyfriend" in its hints over the timing of future interest rate…
The pound started the week on the ‘front foot’ after the publication of the latest UK consumer confidence data from Lloyds Bank which showed its highest reading since it launched in November 2010. Lloyds Bank Chief…
The pound fell against the euro for a third day in a row but hit a 5 year high against the US dollar following Wednesday’s latest policy announcement from the US Federal Reserve. In the UK, the Council of Mortgage…
The pound fell for the second day in a row against both the euro and the US dollar yesterday. On Tuesday, slightly softer than expected UK inflation data reversed the recent gains made by the pound which has seen it zoom…
The pound fell from its new 19 month high against the euro after softer than expected UK inflation data was published by the Office for National Statistics (ONS). The ONS reported that the UK consumer price index (CPI)…
The pound opened the trading week at a new 19 month high against the euro and over a 4 year high against the USD as the market still comes to terms with Bank of England Governor Mark Carney’s words at last week’s Mansion…
Better than expected UK employment data gave the pound a further boost in the foreign exchange market yesterday. The Office for National Statistics (ONS) reported that the UK unemployment rate has now fallen over the…
The pound hit its highest level against the euro since November 2008 after another batch of good UK economic data was published. The Office for National Statistics (ONS) reported that UK gross domestic product (GDP) is…
The pound was trading yesterday at its highest level against the Euro for 18 months after the stream of good economic data out of the UK continued with a survey from industry group EEF and accountants BDO which showed…
The pound briefly trade yesterday afternoon at a 19 month high after the decision by the European Central Bank (ECB) to lower the deposit rate into negative territory. As a result, the ECB becomes the first major central…
Ahead of Thursday’s latest policy announcement from the Bank of England, the pound softened against a number of currencies including surprisingly the euro. In UK economic data, Markit and the Chartered Institute of…
Ahead of the latest Bank of England policy decision due out on Thursday, the pound rose against the majority of the 16 most actively traded currencies in the market yesterday supported by a survey commissioned by the…
