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10/05/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 10, 2018
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. British Industrial growth slightly rose in March, therefore confirming a gloomy first quarter for the economy that pretty much confirms no Bank of England interest rate hike later today. The […]

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All doom and gloom for Sterling

British Industrial growth slightly rose in March, therefore confirming a gloomy first quarter for the economy that pretty much confirms no Bank of England interest rate hike later today. The data, released along with figures for the construction industry and overseas trade, did nothing to alter the picture of an economy that has struggled for […]

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09/05/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 9, 2018
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. The Bank of England will wait until August before raising interest rates, according to polls taken over the last few days. We expected a rate rise this Thursday, but a […]

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Rate hike expected now in August

The Bank of England will wait until August before raising interest rates, according to polls taken over the last few days. We expected a rate rise this Thursday, but a massive turnaround after comments from BoE Governor Mark Carney, together with weak data suggesting Britain’s economy is barely growing. At the start of April, they […]

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08/05/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 8, 2018
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. GBP dropped off today as many investors have continued to off-load the pound ahead of the Bank of England meeting this Thursday when the central bank is expected to keep […]

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Sterling continues to be volatile ahead of Thursday

GBP dropped off today as many investors have continued to off-load the pound ahead of the Bank of England meeting this Thursday when the central bank is expected to keep interest rates on hold, and as worries about Brexit negotiations resurface. Tensions within Britain’s governing Conservative party over how to agree terms of exit from […]

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04/05/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 4, 2018
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. Market probability of a rate hike from the Bank of England next week has dropped to less than a tenth from more than 90 percent a month ago. Weak survey […]

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Sterling continues poor run

Market probability of a rate hike from the Bank of England next week has dropped to less than a tenth from more than 90 percent a month ago. Weak survey data from Britain’s services sector for April rounded off a disappointing streak of economic figures starting with last week’s shock first quarter GDP data and […]

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03/05/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 3, 2018
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The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us. Sterling gained slightly yesterday after positive manufacturing data however the negative numbers continued this morning after a major survey showed Britain’s services sector struggled to recover in April from a […]

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UK Services Data Disappoints

Sterling gained slightly yesterday after positive manufacturing data however the negative numbers continued this morning after a major survey showed Britain’s services sector struggled to recover in April from a sharp slowdown in March, further squeezing expectations of an interest rate hike next week. The IHS Markit/CIPS services purchasing managers’ index rose to 52.8 in […]

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