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,
Currencies, sterling
Currencies
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
Brexit Optimism Sends GBP Higher
Last week delivered some much needed gains for the pound as the UK currency was lifted by reports that UK
GBP rebounds despite chaos in Downing Street
Markets will be looking for economically-friendly policies from the Budget on Wednesday. The pound could fall if Hammond continues to cut spending
GBP and USD slump
GBP and USD slump as central banks prove more cautious than hoped. Monetary policy was the focus for the pound and US dollar, while the euro was unsettled
GBP tumbles as Bank of England hikes rates in likely one-off move
After 10 years of cuts and freezes, the Bank of England (BoE) finally hiked interest rates yesterday. The pound was not happy, however.
French Elections
What’s been happening? The euro was Monday’s currency winner, recording (and holding) notable gains against the majors thanks to the
General Election Announcement
In a somewhat surprise move, Prime Minister Theresa May has this morning confirmed she wants to hold a snap General