British pound impacted by political jitters

We note the Pound turned lower at around the time the news was made available suggesting to us currency markets are seeing a building up of politically-tinged risks on the near-term horizon.

June 5,2018

The Pound crept higher against many of its developed world rivals Monday as markets rediscovered their appetite for risk and traders responded to a better than expected May IHS Markit construction PMI, which showed one of the UK's largest economic sectors continuing to recover from its first-quarter slump during the recent month. 

June 4,2018

Pound Sterling advanced against its developed world rivals during morning trading Friday as markets responded to surprise increase in the IHS Markit manufacturing PMI, which came after production at the UK's manufacturers rose faster than was expected during the recent month. 

June 1,2018

Foreign exchange forecasts

Where are the Pound, Euro and US Dollar headed over coming months? We look at the numbers gathered from the polling of the world's major financial institutions for an insight on where consensus expectations lie.

June 1,2018

London exchange rates

Following a tough month, don't expect any mid-summer sunshine for Pound Sterling say foreign exchange strategists who warn the currency will likely find the going to be tough in June as Brexit negotiations enter a "more crucial phase".

May 30,2018

The Pound weakened during early trading Friday as markets responded to the second estimate of first-quarter GDP growth for the U.K, which appeared to confirm the economy slowed markedly during the first three months of the year.

May 25,2018

Retail sales data could be key for Pound Sterling today

U.K. retail sales crushed expectations on Thursday, May 24 and Pound Sterling has responded by going higher.

May 24,2018

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