04 March 2015 Little Economic Spare Capacity Left for the Bank of England to Toy With

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

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03 March 2015 UK Construction Sector Dangerously Short on Spare Capacity

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

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24 February 2015 Pound Solid as BoE Rate-Setters Eye Interest Rate Hikes

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

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19 February 2015 Strong GBP/EUR Exchange Rate Fails to Halt UK Export Order Surge

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

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17 February 2015 Falling Inflation Creates Short-Term Pressures for the British Pound

“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

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16 February 2015 Bank of America Push Back Internal Forecasts for BoE Rate Hike Regime

“Beyond delaying the first hike, we also take down the pace of normalization into 2016, finishing the year at 1.25% (slightly below the analysts’ consensus) against 1.75% so far.” - Gilles Moec at …

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12 February 2015 British Pound Surges as Bank of England Eyes Interest Rate Rises

“Sterling rose following the BoE report and was dealing around a cent higher against both the dollar – close to a 1-month high – and a similar amount against the euro, close to the 7-month high.” –…

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