Pound Sterling advanced against its developed world rivals during morning trading Friday as markets responded to surprise increase in the IHS Markit manufacturing PMI, which came after production at the UK's manufacturers rose faster than was expected during the recent month.
June 1,2018
Where are the Pound, Euro and US Dollar headed over coming months? We look at the numbers gathered from the polling of the world's major financial institutions for an insight on where consensus expectations lie.
June 1,2018
Following a tough month, don't expect any mid-summer sunshine for Pound Sterling say foreign exchange strategists who warn the currency will likely find the going to be tough in June as Brexit negotiations enter a "more crucial phase".
May 30,2018
The Pound weakened during early trading Friday as markets responded to the second estimate of first-quarter GDP growth for the U.K, which appeared to confirm the economy slowed markedly during the first three months of the year.
May 25,2018
U.K. retail sales crushed expectations on Thursday, May 24 and Pound Sterling has responded by going higher.
May 24,2018
We are hearing from a number of foreign exchange strategists that there is a good risk-reward ratio in buying the Pound at current levels amidst expectations for a rebound in the currency following a poor run against a host of competitors.
May 25,2018
Inflation data for March has come out softer than markets had expected and the British Pound has promptly fallen back.
May 24,2018
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