The British Pound faces another exciting day of trade on Friday. We hear of an improving economic outlook for the UK while we look forward to the next PMI release and US Non-Farm Payroll data out in early afternoon London time.

Highlights:
@8:15: NIESR ugrades outlook for UK economy
@9:36: Sterling shoots higher as Construction PMI surges
@14:01: Sell EUR/GBP

August 5,2013

Today the British Pound Sterling (Currency:GBP) outlook is dominated by Manufacturing PMI at 9AM, we then hear from the Bank of England MPC - will the Bank awe markets with an unexpected decision on interest rates or monetary stimulus?

Highlights:
@8:13: Carney urged to talk sterling lower
@9:30: Strong PMI reading boosts GBP
@12:03: Fresh advances for sterling as BoE decision comes and goes without incident

August 28,2013

The British Pound is losing ground versus the Euro and US dollar once more, this as GfK reports that the UK consumer is undoubtedly gaining in confidence which we see as a long term pro for the UK currency. The outlook for GBP is dominated by tomorrow's PMI data and Bank of England decision.   

Highights:
@ 00:05: GfK reports a sharp increase in UK consumer confidence.
@ 09:23: The reason why sterling is in the dog box.
@ 10:13: Month-end and sovereign buying sends GBP/EUR yet lower
@ 13:31: US Dollar surges against British Pound
@ 16:30: The magic number from Manufacturing PMI to look out for tomorrow

August 28,2013

The highlight of today thus far is sterling's surge versus the Aus Dollar. Tuesday sees a continuation of currency marketing positioning ahead of next month's MPC decision due on Thursday. Thursday also sees the release of the first major economic release of the week in the form of Manufacturing PMI. We will thus be focused on sterling's technical levels and on data events in the US and Eurozone.

July 31,2013