04 October 2017 Pound Rises Against Euro and Dollar After Services Sector Bounce Eases Short Term Concerns

A miss against expectations Wednesday would likely mean another deterioration in the narrative around the UK economy and Sterling

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03 October 2017 European Parliament Confirms it is a Major Impediment to a Brexit Deal

Any official Brexit agreements will require the rubber stamp of the European parliament and, after flexing its muscles Tuesday, it may soon frustrate Theresa May’s effort to secure an early agreeme…

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03 October 2017 British Pound Oversold as Markets Overplay May's Vulnerability

Concessions from Theresa May on the so-called divorce settlement are likely and could avert further weakness. But the real danger to Sterling is in the details of transition and the future relation…

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03 October 2017 Pound Sterling hit by UK Construction PMI Shock

September’s PMI surveys hit the market at the opening of a politics heavy week for Sterling, after the Conservative Party conference got under way at the weekend.

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02 October 2017 Pound Sterling's Worst Day vs. Dollar Since the Election + Euro Shakes off Catalan Blues

Pound Sterling is selling off aggressively in afternoon trade in London with no clear culprit being identified as being behind the move.

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02 October 2017 Traders Most Bullish on Pound Sterling Since 2015 but Euro Still the Darling of the Bulls

Data revealing how the world’s currency traders are positioned on various currencies shows sentiment towards Pound Sterling continues to improve.

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02 October 2017 UK Manufacturing Misses a Beat in September, Pound Sterling Driven by External Events

Monday’s data comes at the beginning of a week that is heavy in both political and economic news, with the Conservative Party conference and more PMI numbers set to dominate the agenda. 

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