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Positive UK Data This Morning

Britain’s economy picked up some speed in the second quarter after a sharp winter slowdown earlier in the year but lost momentum in June, official data showed this morning. Gross domestic product expanded 0.4 percent in the April-June period, as expected in poll of economists. Britain’s economy slowed after the 2016 Brexit vote and is […]

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09/08/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • August 9, 2018
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The exchange rates are listed at the bottom of this article. Please not they are for indication only. For live quotes contact us. The likelihood Britain crashes out of the European Union without a trade deal has increased, an outcome that would hurt an already weak pound, according to economists and foreign exchange strategists. Bank […]

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Sterling Weakness Continues

The likelihood Britain crashes out of the European Union without a trade deal has increased, an outcome that would hurt an already weak pound, according to economists and foreign exchange strategists. Bank of England Governor Mark Carney said on Friday Britain faces an “uncomfortably high” risk of leaving the EU with no deal, while on […]

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08/08/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • August 8, 2018
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The exchange rates are at the bottom of the article, please note they are for indication purposes only. For live quotes please contact us. Sterling slid to a nine-month low against the euro on Wednesday as investors sold the currency fearing Britain could soon leave the European Union without securing a trade deal. Sterling has […]

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Pound Hits a 9 month low

Sterling slid to a nine-month low against the euro on Wednesday as investors sold the currency fearing Britain could soon leave the European Union without securing a trade deal. Sterling has slumped recently due to traders hedging against what they see as the growing chances of the currency plummeting if Britain crashes out of Europe […]

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06/08/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • August 6, 2018
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The pound sank to its lowest in nearly three weeks following a stronger dollar and comments by officials suggesting Britain could crash out of the European Union next year […]

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No Deal Brexit looks likely

The pound  sank to its lowest in nearly three weeks following a stronger dollar and comments by officials suggesting Britain could crash out of the European Union next year without securing a trade deal. The UK trade minister Liam Fox, a prominent Brexit supporter, said over the weekend the odds of Britain leaving the EU […]

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02/08/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • August 2, 2018
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. With the FOMC meeting out of the way, and no surprises from Powell and co., our attention shifts to the Bank of England (BoE). Today’s Quarterly Inflation Report is […]

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Will The UK Raise Rates Today?

With the FOMC meeting out of the way, and no surprises from Powell and co., our attention shifts to the Bank of England (BoE). Today’s Quarterly Inflation Report is particularly interesting, given a range of potentially market-moving dynamics are in play. Since the BoE’s decision to stand pat in May, Analysts have been resolute in […]

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01/08/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • August 1, 2018
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The Bank of England should raise interest rates this week but also tell the public it will be ready to make a U-turn if Brexit talks sour or trade […]

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