The deterioration of the all-important services sector in August could now mean concerns for the economy become more broad-based.
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Brexit related uncertainty will keep a lid on the Pound over the coming months but, perhaps more interestingly, it will also place a floor under the Pound to Euro rate.
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Expectations were low going into the release but the UK construction industry may have surprised even the most ardent pessimist in August.
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Concerning headlines over the weekend have confirmed what many in the U.K. fear: the E.U. intends to make an example of the U.K. for its decision to exit the E.U. with chief negotiator Michel Barni…
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A volley of economic numbers due out from the UK, monetary policy chatter and stalled Brexit negotiations will all help determine whether GBPEUR can recover further.
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Multiple factors have weighed on the dollar of late but August's payrolls, wages and unemployment data pose a serious threat to dollar bulls and are good news for the pound to dollar exchange rate.…
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Brexit risks have not materialised in a meaningful fashion, an economist says, while the Bank of England's post-crisis monetary policy has done all that it can do.
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