Currency Solutions

Sterling was in for a bumpy ride today, hitting an eight-month low against the Euro earlier in the morning, on news that Ben Broadbent, the Deputy Governor of the Bank of England (BoE), isn't ready yet to vote in favour of an interest rate hike yet.

Markets Await Ben Broadbent's Speech The British Pound surged against the US Dollar and the Euro as investors and traders are waiting to listen to the Bank of England's (BoE) Deputy Governor Ben Broadbent's speech.

Theresa May to ask Labour's Help Theresa May is going to ask Labour and the other political parties to help her form policy proposals that will shape the UK post-Brexit, in a speech tomorrow.

Trade Deficit, Industrial Production Hurt Pound Sterling hit a nine-day low against the Euro and slumped against the US Dollar on news that the UK's trade deficit widened in May and that the industrial output of the UK's economy dropped unexpectedly in...

Sterling Slumps to a Six-day Low Today, the Pound is at its lowest level in six days. Sterling slid closer to the $1.29 mark when IHS Markit published its UK construction PMI for June, which came below market expectations.

Weak UK Factory Growth Hits the Pound Sterling dropped back below $1.30, affected by news regarding the slowdown of the factory growth in the UK.

Sterling Falls after Weak GDP Data Sterling dipped below the $1.30 mark, following the release of the UK's GDP data by the Office for National Statistics (ONS).

BoE's Cunliffe Opposes Interest Rate Hike Sir John Cunliffe, the Deputy Governor of the Bank of England (BoE) is the latest member of the BoE's Monetary Policy Committee (MPC) to take part in a war of comments regarding the need or not of raising...

Sterling Strengthens Before DUP Deal Sterling strengthened today against the US Dollar and the Euro, as Theresa May is scheduled to meet today with Arlene Foster, the Democratic Unionist Party (DUP) leader, in an effort to strike a deal over forming a...

Theresa May to Offer Olive Branch to EU Leaders Theresa May heads to Brussels today in order to set out the principles of her government's plan on how it will handle the future rights of the 3 million EU citizens that live currently in the UK.