The rule of thumb is that should data come in above expectation Sterling will rally, and it will fall on weaker figures. However, the Pound remained at levels seen ahead of the release with GBP/EUR lower at 1.1715 in the face of broader Euro strength.
May 16,2017
Fresh data from the Bank of England shows UK consumers continue to borrow money at levels that should continue to support the economy while at the same time not worrying policy-makers that they are overextending themselves.
May 4,2017
UK economic data has been strong this week, but Pound Sterling has shown little inclination to react.
May 4,2017
Markets will be looking for the construction sector to follow in the footsteps of the manufacturing sector and surprise with an expectation-beating read.
May 3,2017
The UK economy grew by 0.3% in the first quarter of 2017 - a rate that was worse than analyst were expecting.
May 4,2017
Business confidence surges to a seventeen-month high in April, led by rises in both business prospects and economic optimism according to the latest Business Barometer from Lloyds Bank.
April 28,2017
One of the thorns in the side of the UK economic growth story, and hence confidence towards the Pound, has been the notable slowdown in UK retail sales growth since December 2017.
April 27,2017
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