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GBPSterling suffered its heaviest one-day fall against the Euro since early January on Monday, as investors bought back into the single currency after a run-off between two nationalist, anti-EU candidates was averted in France’s presidential race. Another blow to the Pound came with the release of UK economic data. The…

GBPSterling hit a six-week high against the Euro late last week as jitters ahead of the first round of the French presidential election. A week of upbeat data in the UK gave the British currency some respite from Brexit worries. The Pound gained ground versus single currency late last week…

GBPSterling weakened last week as data showed an unexpected slide in British industrial output, clouding the outlook for the UK’s economy as it prepares to leave the European Union. In the first full trading week since Britain triggered Article 50 – its notification to leave the EU – the Pound…

GBP Britain’s Pound fell against the Dollar on Thursday in a session that saw it flip direction several times. This happened as investors saw uncertainty surrounding the country’s departure from the European Union outweighing signs of economic resilience. Confidence on both sides of the channel is pretty firm, so the…

GBP Sterling pulled back some of its losses after data showed growth in Britain’s dominant services sector hit a three-month high in March. This eased some fears over the health of the economy after the UK’s manufacturing and construction surveys showed growth slowing. The Pound, which had lost over 1% of…

GBP Sterling moved to a slightly weaker note yesterday and was kept under pressure by uncertainty over the terms of Brexit, though some analysts said the currency was becoming less sensitive to domestic political developments. The Pound showed losses versus the Dollar, Euro and Yen. Yesterday’s UK manufacturing Purchasing Manager’s Index…

GBP The Pound put the brakes on its advance yesterday after data showed British manufacturing slowed last month, the latest sign the economy may be running out of steam after its surprising resilience in the wake of last year’s Brexit vote. The 20% tumble in the Pound since last June’s EU…

GBP UK GDP data for the fourth quarter of 2016 remained at 0.7% which had no major impact. But a decline in savings rate to a record low increased concerns surrounding the spending outlook and structural weaknesses. The fourth-quarter current account declined to £12.1bn from £25.7bn previously which helped cushion sentiment…

GBP A letter will be hand-delivered today at 12:30pm BST by Sir Tim Barrow (the UK’s Permanent Representative to the EU in Brussels) to European Council President Donald Tusk. The UK’s letter is unlikely to contain much new information beyond what has already been published by the government, but it’s possible we will…

The Pound moved above the 1.2600 mark against the Dollar for the first time in seven weeks, although it was unable to hold above this level. Sterling consolidated near 1.1560 against the Euro. USD Market participants continued to dump the Buck in response to the ‘Trumpcare’ fiasco last Friday. For…