pound symbol on the floor

Pound’s gains erased amid Brexit deal jitters

The rally in the pound triggered by news of a Brexit agreement has failed to last following concerns that the deal could still be scuppered. Sterling had surged to ... Read More
English Pounds

British pound slips from six-week highs before EU summit

The British pound pulled back from six-week highs on Tuesday as traders booked profits and investors struck a more cautious note about progress towards a Brexit deal ahead of ... Read More

Sterling falls as Brexit headlines sap demand

Sterling fell on Monday as the latest Brexit headlines sapped investor sentiment, after the British currency gained to its highest in nearly a month last week. Prime Minister Theresa ... Read More

Sterling set to sail through choppy waters in 2018

At the end of November, sterling hit a two-month high against both the Dollar and the Euro on the news that Britain may have finally agreed its divorce bill ... Read More

How the Bank of England could surprise currency traders on Thursday

Market expectations indicate a 90 percent chance that the BOE will announce a rate hike Thursday Market expectations project only one rate hike in 2018, but if inflation remains ... Read More

HSBC Predict Pound to Euro Exchange Rate at 1:1

HSBC Predict Pound to Euro Exchange Rate at 1:1, say Bank of England Rate Rise Would Actually be Bad for Sterling Markets have got it all wrong – a ... Read More

U.K. currency near lowest since April; Asia-Pacific stocks advanced

Asia Stocks Climb as Tech Rout Eases; Pound Flat U.K. currency near lowest since April after election upheaval Investors looking to central bank policy meetings this week Asia-Pacific stocks ... Read More
Bank of England

Bank of England released Monetary Policy; Bank Rate held at 0.25%

Bank of England has issued today an announcement to release a summary of its Monetary policy as it was voted in its meeting ended on 10 May 2017. Bank Rate ... Read More
Mini Cooper

Weak Sterling boosts UK car production to 17-year high

Car manufacturing in the United Kingdom hit a 17-year high in the first three months of 2017, as exports bolstered demand. Sterling has dropped sharply since June 2016’s vote ... Read More

Sterling drops as May signs Brexit trigger for process to begin

U.K.-EU ties will start to unravel around 1:30pm in Brussels May signals ’fierce determination’ to get good Brexit deal Sterling fell in early Asian trading as investors brace for ... Read More
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