The British Pound is seen trading with a bid ahead of the release of Service PMI data, suggesting to us that the jitters sparked by the 'flash' trading event in Asia mid-week has failed to materially damage the currency's prospects.
January 7,2019
A 'flash crash' has ripped through global currency markets overnight with sources saying a potential trigger might have been a sharp fall in the share price of Apple Inc., the world's largest company by value.
January 4,2019
Pound Sterling suffers soft start to 2019 trade but could be boosted if May's deal succeeds mid-month.
January 2,2019
Pound Sterling trades with a soft tone ahead of the weekend and the Christmas break amidst ongoing uncertainty as to how the Brexit impasse in the UK parliament will play out. Today trader focus will be on GDP, current account and public finance data releases.
December 21,2018
The price of hedging against sizeable declines in Sterling in the future have fallen, suggesting the market now sees less chance of a ‘hard Brexit’.
December 21,2018
* Retail sales first up at 09:30 * Bank of England guidance due at 12:00 * Pound Sterling likely to fade any gains or losses stemming from today's events as markets will stay focussed on the January Brexit vote in parliament.
December 21,2018
Economic Data is on tap for Sterling today with the release of the latest inflation numbers by the ONS at 09:30 GMT.
December 19,2018
Page 240 of 439