employment data undermines GBP

The British pound (GBP) is under significant pressure for a second day following confirmation the UK will not face interest rate rises any time soon.

March 19,2015

euro forecast lower against the pound sterling

Forecasts show the euro exchange rate complex is oversold but this has not stopped the GBPEUR climbing above the 1.40 zone.

March 13,2015

Services sector boost for GBP

Despite a recent run of good data currency markets have opted to focus on the Services PMI disappointment of Wednesday the 4th of March.

March 5,2015

Construction PMI affords pound sterling a boost

Confirmation that the UK economy can handle a Bank of England interest rate rise in 2015 has been provided by the UK construction sector.

March 5,2015

Bank of England MPC Treasury Select

The British pound (GBP) continues to trade around recent best levels after the Bank of England warns of future interest rate rises.

February 26,2015

newton-smith impact of strong pound exchange rate

The latest CBI Industrial Trends Survey shows UK manufacturers are at their most confident in 7 months.

February 20,2015

British pound hampered by inflation data

“The slide towards deflation is now inevitable but that won’t worry George Osborne one bit ahead of the election.” - Dennis de Jong, managing director at UFX.com

February 18,2015

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