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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.