Pound steady as Article 50 trigger date approaches
Although we’re now only six days away from the long-awaited activation of Article 50, the pound is proving resilient and its best levels of the week could be yet to come.
Pound hits best levels after UK inflation data
With the UK’s latest inflation figures exceeding forecasts on Tuesday, the pound skipped higher against all its major currency rivals. As well as hitting a ten-day high against...
Article 50 activation date sends pound lower
Although the pound began the week on a bit of a high, the currency experienced a prompt reversal of fortunes as the official date for the activation of Article 50 was announced.
BoE rate decision ahead, could the pound gain?
The pound was able to rally yesterday as The Times published a report which detailed the need for the BoE to raise interest rates soon in order to counter the impact of rising inflation.
What impact will today’s US rate decision have on the currency market?
The pound dropped to a new two-month low against the US dollar ahead of the Federal Reserve’s interest rate decision, but GBP might be safe from further losses.
Pound gains on Scottish referendum news
The pound got off to a surprisingly strong start to the week. But with UK wage data and the BoE interest rate decision looming, whether the currency can keep climbing remains to be seen.
Currency market braced for busy week, pound recovering losses
Last week we saw new multi-week lows for the pound and with a lot of influential news to watch out for in the days ahead, more volatility is likely.