The pound surged on Thursday after Manufacturing PMI came out well above expectations in August, easily beating the 49.0 forecast, and revealing yet more underlying resilience in the UK economy post-Brexit.
September 1,2016
The rally in Pound Sterling against its major counterparts has offered welcome relief to those with outstanding international payments, but we are told not to expect the trend to continue.
September 3,2016
Mid-week trade sees Pound Sterling continue to hold recent gains but analysts warn of the potential for a break lower.
September 2,2016
Pound Sterling is in a holding pattern against its key competitors but expect further losses over coming weeks warns a prominent FX analyst.
January 26,2017
Despite Swedish shoppers reigning in their spending in July, the Krona gained ground versus sterling on Monday as the outlook for the pound gained a reality check.
August 31,2016
The rupee was gaining ground on Monday after markets continued to price in a more positive currency climate in light of the appointment of Dr Urjit Patel as the new governor of the Reserve Bank of India (RBI).
August 30,2016
The pound has come off its highs - whether that is because it is a bank holiday in the UK, or because investors foresee the possibility of PMI data disappointing latter in the week, is a moot point, sterling is a marginally lower at the start of the trading week.
August 31,2016
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