Pound Sterling is looking surprisingly firm despite news that UK Construction PMI data fell at its fastest pace since 2009.
Read more … →The EUR/GBP pair is rising after breaking out of a triangle formation; it may well reach the same level as the 0.8627 July highs.
Read more … →Markets have some juicy data to bite into as the new month brings with it the release of the three PMI readings.
Read more … →The risk is for the pound to weaken in the week ahead as the Bank of England (BOE) meets to launch its summer stimulus programme.
Read more … →The Bank of England (BOE) rate meeting on Thursday and Non-Farm Payrolls are the twin highlights for the GBP/USD pair in the week ahead.
Read more … →The maintenance of free trade with the rest of the EU is fast becoming the top priority for Theresa May and her government, with potentially positive consequences for sterling.
Read more … →The Indian rupee is supported by rising growth and inflation which contrasts with the pound which remains floundering after its self-inflicted referendum wound.
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