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Neutral BoE Prompts Pound Slump, US Dollar Steadies on Solid Jobless Claims Figures

Pound Sterling Thursday was not a positive day for the Pound, as markets were unimpressed to find that no other Bank of England (BoE) policymakers had joined noted hawk Kristin Forbes in voting for...

Pound Rallies as UK Services Sector Grows against Forecasts

Pound Sterling (GBP) After the UK services PMI rose instead of falling as forecast, the Pound rallied against the Euro and US Dollar. The GBP EUR exchange rate has since fallen due to a strong...

Pound Sentiment Mixed as Construction PMI Beats Expectations

Sterling The Pound (GBP) rallied against the majority of its peers on Wednesday morning as the UK released a better than expected Construction PMI, with activity rising from 52.2 to 53.1 in...

Euro Surges as Polls Forecast Landslide Macron Presidential Victory

Pound Sterling (GBP) The Pound has fallen by -0.2% against the Euro but risen by 0.4% against the US Dollar today. This uncertain movement follows the news that the UK’s annual borrowing deficit...

Pound Tumbles from Weekly Highs as Consumer Credit to be Limited in Q2

Sterling The Pound (GBP) trended down against most of its peers on Thursday, as the Bank of England (BoE) reported that UK lenders were likely rein in consumer credit over the next...

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