07 August 2013 British Pound a Big Winner of the Introduction of Forward Guidance

Wednesday is one of those days that will significantly determine the outlook for the UK currency as the long term policy at the Bank of England is communicated. We bring you the latest views and pred…

Read more … →
06 August 2013 Outlook for GBP Dominated by BoE Event-Risk

The British Pound Sterling (Currency:GBP) has enjoyed a good couple of days of trading on the global currency markets. The momentum will today be tested with the ONS releasing Manufacturing and Indus…

Read more … →
05 August 2013 British Pound on Monday 6th July: GBP Powers Higher as Services PMI Data Confirms UK Recovery on Track; GBP-USD 0.4 pct Higher

The British pound sterling (Currency:GBP) is met with important data from the outset with Monday morning seeing the release of Service PMI data. We note a strong start for sterling with gains coming …

Read more … →
02 August 2013 British Pound Live on Friday: GBP Long-Term Outlook Improves With NIESR GDP Upgrade, Construction PMI Looms

The British Pound faces another exciting day of trade on Friday. We hear of an improving economic outlook for the UK while we look forward to the next PMI release and US Non-Farm Payroll data out in …

Read more … →
01 August 2013 Double Whammy of Manufacturing PMI and a Silent Bank of England MPC

Today the British Pound Sterling (Currency:GBP) outlook is dominated by Manufacturing PMI at 9AM, we then hear from the Bank of England MPC - will the Bank awe markets with an unexpected decision on …

Read more … →