GBP Earnings aren’t proving fantastic for UK companies so far, with Tesco today confirming it made a £6.38bn loss, which isn’t going to help UK sentiment, especially when much of ...
Read Article »Euro Continues to fall on Greece funding Crisis : GBP EUR USD Daily Commentary 21.04.15
GBP The election continues to dominate the UK landscape, with John Major wading in to tell us all, as if we didn’t already know, what a disaster a Labour-SNP coalition ...
Read Article »Forex News: GBP EUR USD Daily Commentary 20.04.15
GBP Very little data last week, and even less this week from the UK. Retail Sales and Public Sector Net Borrowing aren’t historically known as major trend setters, but the ...
Read Article »Forex News: GBP EUR USD Daily Commentary 16.04.15
GBP The pound is doing well against the euro but it’s a knock-on effect of a stronger dollar, as evidenced by the pound still floundering below 1.50 whilst it marches ...
Read Article »Forex News: GBP EUR USD Daily Commentary 15.04.15
GBP The Office of National Statistics confirmed that the rate of annual house price inflation cooled to 7.2% in February, down from 8.4% in January, marking its lowest level for ...
Read Article »Forex News: GBP EUR USD Daily Commentary 14.04.15
GBP CPI from the UK headlines the European session, with expectations of a stagnation in prices on a monthly basis, and growth of just 1.2% year-on-year. Carney has done a ...
Read Article »Forex News: GBP EUR USD Daily Commentary 13.04.15
GBP Politics is taking more of the spotlight as we draw closer to the election. Polls keep swinging either way, which leaves markets sensitive to new polling results. Labour have ...
Read Article »Forex News: GBP EUR USD Daily Commentary 10.04.15
GBP Base rates were kept on hold as expected, and Trade Balance numbers were slightly worse than analysts were predicting, whilst the Halifax House Price Index grew at a faster ...
Read Article »Forex News: GBP EUR USD Daily Commentary 09.04.15
GBP Sterling takes centre stage in terms of data, although it’s unlikely to take the reins and be a main driver of market movement. Trade Balance and the MPC Rate ...
Read Article »Forex: GBP EUR USD Daily Commentary 08.04.15
GBP Services PMI, a leading indicator of the most prominent contributor to our domestic product, was strong, beating analysts’ expectations comfortably and so helping the pound sterling push higher against both ...
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