Sterling gained some headway at the end of the week with surprising economic data out of the UK, with the figures showing a good start to the year it could suggest that speculations of recession fears may have eased, temporarily…
The data out of the UK this morning was a mixed bag with no real impact on the Pound. Movement seen in markets came from the announcement from President Trump after he took office, with focus on the tariffs. Trump…
The day has come for Donald Trump to be sworn in to office as the 47th President of the United States and look to outline his policies. It seems he has already won over some more Americans on removing the…
The Pound yet again was at the forefront of poor retail sales data in December, coming out below market expectations at 0.3% rather than the 0.4% forecast. Markets were prepared for a boost considering the month should see consumers increase…
The UK economy is seen to be entering into a time of low growth and higher inflation, more commonly known as stagflation, the pairing of the two doesn’t give much hope to the Pound. Sterling has continued to fall against…
Friday saw better than expected job data out of the US to exceed market expectations by some margin, reinforcing that the US economy was very much in a robust state heading into the New Year. The numbers released saw the…
The Pound continues to lose ground despite the UK’s treasury offering a ‘helping hand’ overnight to stabilize the volatile markets ahead of Rachel Reeves delivering plans to grow the UK economy that has already slowed. With the rare sight that…
The Pound hit its lowest level against the US Dollar this morning following the release of retail sales out of the UK. The figures show that although there was an improvement from Octobers weak number, it still undershot expectations which…
The Bank of England voted to hold interest rates at 4.75%, as expected and saw next to no response off the initial announcement, however what came as a surprise somewhat was that 3 out of the nine members of policy…
Sterling saw a short dip this morning following the headline inflation out of the UK rose to 2.6% year on year in November, higher than the 2.3% seen in October, this indicates inflation is more likely to reach 3% than…
