Employment market statistics and the Pound

U.K. wages grew faster-than-expected in August according to the latest labour market statistics released by the Office for National Statistics, news that allowed Sterling to recover more of the losses suffered at this week's open.

October 16,2018

May updates parliament on status of Brexit talks

Pound Sterling suffers a soft start to the week but Theresa May tells the Commons that the U.K. and E.U. have made progress on the Northern Ireland question in Brexit talks allowing markets to continue to expect a Brexit deal by year-end. 

October 16,2018

Foster and May

Pound Sterling treads water as traders await news of a Brexit deal, allowing a strong comeback in the Euro and a number of other currencies to put it on the backfoot. Latest news is an U.K.-wide backstop being mooted.

October 20,2018

Arlene Foster key to Sterling outlook

The British Pound is resting near recently achieved multi-week highs against the Euro and multi-day highs against the U.S. Dollars with the market apparently adopting a wait-and-see approach to an imminent Brexit deal.

October 20,2018

The Pound erased earlier gains and slipped lower Tuesday after official data highlighted strong momentum in the economy during the summer months but revealed a slowdown in growth during August.

October 10,2018

Exchange rates

Pound Sterling is underpriced and will probably rise between 5% and 10% as Brexit risks subside, says Mike Amey, the head of Sterling portfolios at Pimco, the largest bond fund in the world.

October 11,2018

Exchange rates today

Reports Monday concerning Brexit have given foreign exchange traders an excuse to trigger profit-taking on Sterling's recent multi-day rally.

October 8,2018

Page 251 of 439

Theme: GKNEWS