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.
sterling
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.
General Election Announcement
In a somewhat surprise move, Prime Minister Theresa May has this morning confirmed she wants to hold a snap General
Here’s the Spring Budget at-a-glance
Philip Hammond started off with a remark that Chancellors in his position rarely get to make during a Budget announcement;
Pound gains 1% on euro
It was another strong day for the pound after a sluggish start saw it gain 1% on the euro and
The euro continues down road to recovery
The euro managed to find support from stronger than expected industrial production activity in the Eurozone. Since the beginning of