Service sector PMI data key for the Pound

Pound Sterling exchange rates will take a cue from the release of data concerning the all-important UK services sector on Friday, March 3.

March 3,2017

Georgette Boele ABN AMRO

Analyst says the GBP is likely to stabilise against the US Dollar but a strong performance by the Euro in 2017 is likely to send the GBP/EUR exchange rate back to multi-year lows.

March 2,2017

Scotland referendum fears

The British Pound has been shaken by the latest news coming out of the ever-shifting political landscape in Britain.

February 27,2017

high street british pound 1

A survey of British retailers showed a rise in receipts in February despite increasing cost pressures and an overall pessimistic outlook for the future.

February 23,2017

UK GDP growth

Foreign exchange traders may have unnecessarily punished the Pound in the wake of the release of Wednesday’s GDP release and it must therefore recover back to higher levels against the Dollar and Euro we are told.

February 23,2017

Analysis exchange rates

Analysts at a leading financial services house have confirmed Pound Sterling to be one of the world’s most undervalued currencies at present.

February 23,2017

Mark Carney exchange rates

The Treasury Committee hears from Governor and Chief Economist of the Bank of England, and External Members of the Monetary Policy Committee on its Inflation Report for February.

February 23,2017

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