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The big news for the pound this week was the announcement of the Bank of England (BoE) to finally raise interest rates to 0.75%. Prior to the announcement on Thursday, there was little movement in...

Bank of England deputy governor Ben Broadbent spoke earlier this week about the history and future of QE, but offered no clues as to the outcome of the MPC policy meeting next week. Most investors...

After the drama of US President Trump’s visit, including an attack on Theresa May’s Brexit plan, sterling had a tricky week. The prime minister amended a parliamentary bill to appease ultra-...

The pound started the week well, possibly due to optimism following the crunch Cabinet meeting about Brexit at Chequers at the end of last week, where an agreement was announced. The peace was...

The pound finished last week relatively strong, thanks to stronger than expected economic data. The second revision to first quarter gross domestic product in Britain put growth at 0.2% instead of...

The slightly more hawkish approach of the Bank of England Monetary Policy Committee last week gave the pound a slight boost. This optimism wasn’t carried into the beginning of this week, with...

Ecostats throughout the week and Tuesday’s debate in the House of Commons over amendments to the EU withdrawal bill have all had effects on the pound, this week. UK production data was...

Manufacturing PMI came in at 54.4, half a point higher on the month and nearly a point above forecast. Sterling strengthened by an average of 0.6% after the announcement and adding three quarters...

The end of last week brought two important and apparently contradictory UK ecostats which meant the pound had a mixed reaction. First up was April's retail sales, which were supposed to have...

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