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Sterling fluctuated on Monday as investors responded to hawkish comments from Bank of England (BoE) officials and the election of Jeremy Corbyn as Labour leader. The currency failed to exert itself...
Sterling posted further gains against most of the majors yesterday as investors reacted to news of a deal that could see £3.5 billion pumped into the British economy.The Pound surged following...
The Pound put in a fairly optimistic performance against the majors on Friday as investors geared up for this week’s UK GDP report. Data due for release on Tuesday is expected to show that...
After achieving a fresh seven-year high against the Euro yesterday, the Pound lost out by around 200 pips before the close of trade. While hopes that Greece will vote Yes in the upcoming referendum...
The Pound was trading near the 1.40 level against the Euro on Thursday as concerns over Greece boosted demand for safe-haven assets. Against the US Dollar, Sterling strengthened to 1.58 as the Federal...
Sentiment towards the Pound improved slightly on Friday in response to a fairly sanguine inflation expectations report. Despite the consumer price index currently standing at a half-century low of...
Over the weekend the Confederation of British Industry (CBI) suggested that despite the slowdown during the first three months of the year the UK economy grew at its fastest pace for 12 months during...
The Pound Sterling declined against the US Dollar as the currency remained under pressure from Tuesday’s negative UK inflation data. Inflation dipped -0.1% in April, defying expectations for an...
The Pound Sterling held onto gains against the US Dollar but gave up some ground against the Euro on Friday. Weaker-than-forecast UK retail sales data had weighed on the Pound but more soft data out...
The Pound gave up some of yesterday’s gains against the Euro as investors await talks over the Greek bailout. The currency could soften further if it appears that a compromise will be struck....
The Pound recovered ground against the Euro and other peers after the US Dollar found renewed support and a report showed that UK retail sales increased in October due to shoppers splashing out on...
Finally there was a rebound on Tuesday afternoon for EUR/USDon the foreign exchange market, after halting many days and weeks of declines, and testing the year low at 1.2440 early this week. However,...
As things stand, Gold prices have bounced (since Monday) from the lows of the last two years. The question remains, to buy or not to buy? With the US Dollar on a rampage, it’s easy to find...
Gold prices fell sharply yesterday (Monday 14th) as a stop triggering run plunged the shiny stuff back to the top of the mid June spike. A general boom on the stock market has been chosen as the...
Once again we see Gold prices are starting to creep higher. If you have been following my recent comments, this should be no surprise, but increased unrest in the Middle East and not even a hint of...
Crude Oil prices continue to consolidate above the $104 per barrel level, with tensions in Iraq and Ukraine creating a nervy marketplace for the black stuff. The sliding price of the US dollar is also...
Gold prices continued to push higher yesterday, as investors around the globe start to look for a safe haven, whilst stocks are at their highs. These surges have been fuelled by the uncertainty...