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Will UK Raise Rates This Week?

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 tensions with the United States escalate. The National Institute of Economic and Social Research (NIESR) stuck to its forecast for British economic growth of 1.4 percent […]

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27/07/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 27, 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. Sterling edged lower on today and is poised to register its third consecutive weekly loss as concerns about the progress of Brexit negotiations trumped any optimism ahead of a […]

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EU Reject Key Elements Of Britain’s New Trade Proposal

Sterling edged lower this morning and is poised to register its third consecutive weekly loss as concerns about the progress of Brexit negotiations trumped any optimism ahead of a likely interest rate hike next week. European Union Brexit negotiator Michel Barnier rejected key elements of Britain’s new trade proposals yesterday even as he and his […]

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26/07/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 26, 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 rose yesterday to its highest in a week as traders bet that Prime Minister Theresa May’s decision to take control of Brexit negotiations would make it easier […]

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Pound Gains After Theresa May Comments

The pound rose yesterday to its highest in a week as traders bet that Prime Minister Theresa May’s decision to take control of Brexit negotiations would make it easier to agree a divorce deal with Brussels. With less than nine months before Britain is due to leave the European Union and May’s own Conservative Party […]

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25/07/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 25, 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 hit a five-day high versus the dollar as the greenback lost momentum, but the outlook for the British currency was clouded by fresh angst over Brexit and […]

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Sterling Fights Back After Hitting 10 Month Lows

The pound hit a five-day high versus the dollar as the greenback lost momentum, but the outlook for the British currency was clouded by fresh angst over Brexit and doubts about the economy. Weak economic data and renewed political uncertainty over the government’s Brexit position hammered sterling last week and sent it to 10-month lows. […]

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23/07/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 23, 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. Sterling looks set for more volatility this week however amid growing talk of a likely “hard” Brexit — crashing out of the European Union without a trade deal in […]

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Volatility Ahead

Sterling looks set for more volatility this week however amid growing talk of a likely “hard” Brexit — crashing out of the European Union without a trade deal in place. A weekend poll revealed Britons were overwhelmingly opposed to Prime Minister Theresa May’s Brexit plan and would instead support a new right-wing political party committed […]

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20/07/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • July 20, 2018
  • No Comments

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 British pound steadied around the $1.30 mark on Friday as traders took stock at the end of a bruising week in which weak economic data and more political […]

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