The Pound made gains against the Euro but declined against the Dollar after reports showed business expectations slumped and U.K. house prices fell. Despite this yesterday’s move, the Pound remains near the highs not seen since the beginning of September. This morning’s GDP reading, expected to come in at 0.3%, should provide some gauge as ...
read more →The Pound declined against the Euro and the Dollar as investors seek relatively safe assets. The UK economy continues to languish, with recent reports showing that British factory orders fell and business optimism tumbled to the lowest level in two and a half years. British policymakers have also been outspoken about the importance of resolving ...
read more →The Pound remained relatively unchanged against the Euro and the Dollar yesterday, the Pound has shed some of its early gains on the decrease in risk appetite, but has remained relatively well supported against its Eurozone counterpart as one of the primary alternatives to the EUR. With no major economic data due in the UK, ...
read more →