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Pound under pressure, UK productivity declines

The pound came under fresh pressure ahead of the weekend as UK labour productivity contracted -0.2% in the first quarter of 2019.

Will UK services PMI add to pound weakness ...

The dramatic decline in June’s UK construction PMI prompted investors to sell out of the pound yesterday amid fresh worries over the outlook of the do

Pound under pressure

Confidence in the pound looks set to weaken further this morning with the release of the latest BBA loans for house purchase data.

Conservative leadership worries dominate ...

Political anxiety is limiting the appeal of the pound once again this week, with Conservative leadership frontrunner Boris Johnson facing questions ov

Could BoE hawkishness boost pound gains today?

Yesterday’s dip in the UK consumer price index was not enough to prevent the pound trending higher across the board.

Could weak UK services growth dent pound ...

Given the surprise contractions in both the UK manufacturing and construction PMIs investors are wary of the prospect of a weaker services PMI this mo

Signs of slowing UK growth weigh on pound

As the UK manufacturing PMI unexpectedly fell into a state of contraction yesterday confidence in the economic outlook has diminished.

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