Currency Solutions

UK Public Finances Beat Expectations Chancellor Philip Hammond has a reason to smile today since the Office for National Statistics (ONS) released data, which showed that public sector borrowing in August was much less than expected by City analysts.

Pound Hits a One-Year High The Pound hit a one-year high against the US Dollar and a two-month high against the Euro today, boosted by Marc Carney's words who said that the Bank of England (BoE) is considering raising interest rates.

Markets Focus on BoE Rate Decision The new £10 note is launched today by the Bank of England (BoE), but its decision on interest rates at noon will probably affect how many Euros or US Dollars you can buy with it.

More Employment, Less Wages for Britons More and more people are in work in the UK, but salaries are not growing as much as they should. This is shown by data published by the Office for National Statistics (ONS).

Pound Strengthens After Improved Manufacturing Data Sterling strengthened against the US Dollar and the Euro after data published by the Office for National Statistics (ONS) showed that manufacturing production increased unexpectedly in July.

Euro Rises Ahead of ECB Decision The European Central Bank's (ECB) meeting today in Frankfurt dominates the news.

UK's Immigration Plans Leaked The Pound remained stable against the US Dollar, trading above the $1.30 mark, but got weakened against the Euro.

UK Services Sector Slips to 11-Month Low The UK services sector growth hit an eleven-month low, slowing further in August, according to a survey published by IHS Markit.

UK Construction Hits One-Year Low The UK's construction sector didn't follow the manufacturing sector's good example in August.

Britain's Manufacturing Hits Four-Month High A better than expected UK Manufacturing PMI reading in August helped the Pound rise against the Euro.