Markets may have interpreted Scottish developments only as “a slow-moving drag for the Pound”.
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What Sterling needs in order to appreciate is a Bank of England that is willing to hint at higher interest rates in the future - this is unlikely to the outcome of this week's meeting.
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A positive rise in exports compared to imports helped push Sterling higher on Friday morning and enabled it to shrug off exceptionally poor Manufacturing data.
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The Pound rose by 0.3% against the Dollar and the Euro during the budget as investors took confidence from the Chancellor’s upbeat tone and bullish revisions to growth forecasts for the current yea…
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Pound Sterling retains a negative bias against the Dollar and the Euro with another leg lower in the currency complex being sparked on the back of the release of data which showed a further slowdow…
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Morgan Stanley (MS) have provided their view of G10 currencies at the current juncture.
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UK government bonds, also known as gilts, should start to yield more as the economy remains stable and inflation expectations build, says the chief economist at advisory service Capital Economics, …
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