Pound exchange rate reaction to Services PMI

An interesting development has taken place over the course of the past few days - the Pound is finally starting to focus on data and other fundamental drivers once more.

February 3,2017

Bank of England MPC

Foreign exchange markets appear to have got it very wrong by bidding Pound Sterling higher ahead of the release of the Bank of England's February Inflation Report.

February 3,2017

british pound general trader screen 1

Recent figures from the Bank of England (BOE) showed a sharp decline in Gilt purchases by foreign investors in December, which was probably a function of the stronger Pound.

February 1,2017

Consumer spending worries

Pound Sterling is under pressure as the latest data out of the Bank of England weighs on sentiment.

January 31,2017

bank of england door 1

TD Securities have dropped their call for a rate cut in Q4 2017 saying that improved economic data and a less dovish monetary policy outlook in the UK now mean the odds of a hike or cut are evenly balanced.

January 29,2017

bank of england and the pound 2

The next meeting of the Bank of England (BOE) on February 2 could show a more optimistic consensus from the board, says Capital Economics’ Scott Bowman.

January 27,2017

Donald Trumpa nd Theresa May

What are the potential currency implications of Theresa May’s meeting with Donald Trump on Friday, January 27?

January 27,2017

Page 341 of 439

Theme: GKNEWS