Pound Rocked by Political Uncertainty Following Rudd Resignation
The pound got off to a mixed start this week, with investors initially skittish in reaction to the resignation of the Home Secretary, Amber Rudd.
Pound remains positive against US dollar and euro
Although yesterday’s UK manufacturing PMI fared better than expected, the overall picture for the sector during the first quarter was
Pound bolstered by strong wage growth
The pound struck higher against the majority of its peers as the UK currency found considerable strength from a faster-than-expected uptick in wage growth.
USD / EUR plummets to three-year low
The pound was hit by volatility again last week due to some disappointing economic data and rising speculation of a BoE rate speculation and hike.
UK inflation and retail figures
The pound was hit by volatility again last week as some mixed economic data and Brexit developments weighed on the currency.
Investors flock to safety of US dollar
Investors flock to US dollar. Last week saw the pound fluctuate following the Bank of England’s latest policy meeting and comments from Michel Barnier.
Currencies, sterling
Sterling gains on weakness in Eurozone
The Christmas break left the currency market sluggish, but things quickly got back up to speed as the New Year began. Pound Sterling is on mixed form today,
GBP on soft form, poor data weakens USD
UK wage outlook keeps GBP on soft form, poor data weakens USD. With everyone more focused on turkey rather than the currency market, last week was quiet
Sterling rocked by Brexit process, BoE and Data
Last week saw the recent volatility in the pound continue as investors reacted to some important UK data and the last developments in the Brexit process.
Brexit Deal Prompts Sterling Volatility
Last week saw some major pound volatility as investors reacted to an eventful week in Brexit negotiations. The pound opened