GBP Edged Higher To Regain Early Loss - February 7, 2014 11:19

After softening against the majority of its rivals yesterday following the Bank of England’s decision to leave policy unchanged, the Pound clawed back losses this morning. Sterling edged higher against the Euro and US Dollar ahead of the release of reports which are expected to show that UK industrial output increased in December. US Dollar […]

Mixed Bag Of Data – Uncertain Pound - February 5, 2014 10:47

While the Pound initially advanced yesterday as the UK’s GDP report confirmed that the nation’s economy enjoyed its strongest year of growth since 2007, the British currency went on to pare gains against the US Dollar and Euro. The ‘Cable’ remained close to a 2 ½ year high following a mixed bag of US reports […]

GBP Makes Gains Before The FOMC Announcement - January 29, 2014 10:25

While the Pound initially advanced yesterday as the UK’s GDP report confirmed that the nation’s economy enjoyed its strongest year of growth since 2007, the British currency went on to pare gains against the US Dollar and Euro. The ‘Cable’ remained close to a 2 ½ year high following a mixed bag of US reports […]

Euro and Dollar Gain Some Ground on the Pound - January 23, 2014 11:03

The Pound hit a 29-month high against the US Dollar following yesterday’s report which showed that unemployment in the UK fell to 7.1%. The fall increased expectations that the Bank of England will raise interest rates before other major Central Banks. US Dollar The US Dollar regained some ground against the Pound and pushed higher […]

British Pound Closes On Yearly High – Ready For Unemployment Data - January 22, 2014 10:29

The Pound is close to a one-year high against the Euro ahead of the release of data which is expected to show that UK unemployment fell closer to the Bank of England’s target of 7%. If the jobless rate does fall it will raise expectations for the Central Bank to raise interest rates sooner than […]

Pound Pushing Higher As Wednesday’s Unemployment Report Looms - January 21, 2014 10:29

The Pound is on course to reach a two-week high against the Euro as economists speculate that today’s CBI Business optimism Index climbed to its highest-level in 20-years during the last three months of 2013. The currency is also finding support as investors expect that Wednesday’s UK unemployment rate data will show that the jobless […]

UK Inflation Hits 2% – The First Time In 4 Years - January 15, 2014 10:38

The Pound made its biggest gain in two weeks against the US Dollar in yesterday’s session after a report showed that inflation in the UK fell to match the Bank of England’s target of 2%. -the first time it has done so in four years. Today, Sterling has softened as investors wait for Bank of […]

Under Pressure: The Dollar Hopes For Retail Sales Boost - January 14, 2014 11:45

The Pound fell against all of its peers yesterday after an index showed that recent UK economic data releases are falling short of economist expectations. The report weakened demand for the currency. Today, Sterling managed to recover some lost ground against the Euro on expectations that inflation data will come in better-than-expected. US Dollar The […]

Investors Look Ahead To Tuesday’s Retail and Inflation Data - January 13, 2014 12:10

The Pound remains close to a one-year high against the Euro in a quiet news day. Sterling was little moved against the US Dollar. Investors are looking ahead to Tuesday’s retail and inflation data releases which many believe will show that retails sales rose in December and inflation quickened, if so then the Pound will […]