20 October 2017 Tusk Statements Boost Pound Vs Euro and Charts Show Further Gains Are Likely

Sterling has rebounded following a turnaround in increasingly bleak EU talks whilst technical analysts say the charts could be showing support for further upside for the Pound - at least eventually…

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20 October 2017 Pound Clips Weekly Loss Vs Euro and Dollar On Hopes of Brexit Breakthrough

Markets have feared a possible delay to the progression of talks, on to the subjects of trade and transition, beyond December. But Friday's statements suggest a breakthrough could be in the pipelin…

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20 October 2017 UK Government Borrowing Posts Welcome Fall but Budget Giveaways Seen as Unlikely

Government borrowing appears to be declining overall according to data from the Office of National Statistics (ONS) who released government borrowing data on Friday which showed a fall of about 700…

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20 October 2017 Pound Sterling Strengthens Vs Euro and Dollar As EU Summit Wraps Up On a Positive Note

A Friday lift to the Pound would come closely on the heels of a sluice of bad news for the UK economy, which has recently seen consumer spending fall and the outlook for consumer credit deteriorate…

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19 October 2017 Pound Stays Under Pressure Vs Euro After Slide in September Retail Sales

Sterling is weaker after the release of Retail Sales statistics showed a massive decline in September sales, but a leading economist still thinks Bank of England (BOE) will hike rates.

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19 October 2017 "Scope for the Pound to Strengthen" - Bad News on Brexit Negotiations 'in the Price"

A "No Deal" Brexit is looking increasingly likely but with the Pound having already fallen sharply during October, and a possible rate hike from the Bank of England just weeks away, some strategist…

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18 October 2017 Pound Sterling "Fails to Fly" on News UK Wages Grow 2.2%

Expectations for a Sterling-supportive reading from today's tranche of labour market data are low.

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