The Pound slumped against the US Dollar and Euro Wednesday after official data showed UK inflation surprising on the donwside in June, prompting fresh questions about whether the Bank of England will be able to raise its interest rate in August.
July 19,2018
"Risks remain skewed" to the downside for Sterling we are told by analysts and we believe comments from EU negotiators Barnier and Raab present the next key hurdle for the UK currency.
July 18,2018
The UK government bond yield curve is at its flattest since 2016 amid growing expectations the Bank of England (BOE) will raise interest rates and increasing Brexit uncertainty.
July 17,2018
Official data shows the UK economy continues to create jobs at a robust pace with May seeing a record proportion of the population participating in the labour market.
July 17,2018
Sterling may catch a bid if Prime Minister Theresa May gets legislation through parliament in the face of opposition to her agenda by Jacob Rees-Mogg and other Conservative MPs who see her plans as a betrayal to Brexit voters.
July 16,2018
The Pound rose broadly on Friday as currency markets shrugged off fears over the trajectory of the Brexit negotiations but, according to strategists at Bank of America Merrill Lynch, this price action belies the true scale of mounting downside risks for the British currency.
July 16,2018
Sterling continues to recover as UK White Paper detailing aims for future EU-UK trade is released, but detailed response from EU to shape the outlook with a positive response to push gains.
July 13,2018
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