Currency update for September 9 from Smart Currency Exchange: sterling recovered from six week lows against the US dollar after strong housing data and stock market strength that saw global investors buy into riskier assets.
Read more...Sterling fell to a 6 week low against the US dollar yesterday after concerns over the European banking sector and financial difficulties in the housing sector.
Read more...Sterling has had a difficult seven days with the release of poor UK economic data raising significant concerns on the UK's recovery.
Read more...Sterling suffered last week as fundamental data showed signs that the UK recovery is abruptly running out of steam.
Read more...Sterling fell against the euro and US dollar yesterday as weaker than forecast housing and construction data added to concerns that the UK recovery may be faltering.
Read more...Scotch whisky producers believe proposals to introduce a minimum price on alcohol would breach EU and international trade rules and cause significant damage to its industry.
Read more...Sterling hit a three week low against the euro yesterday after UK purchasing manager data came in sharply lower than was expected.
Read more...Sterling's movement last week was dictated by risk sentiment as sterling suffered on increased risk aversion at the start of the week but benefitted towards the end of the week due to gains in global stock markets.
Read more...Sterling benefited from improved risk sentiment as gains in stock markets gave investors the confidence to seek higher returns elsewhere.
Read more...Sterling had a fairly quiet day yesterday and remains range bound against the euro and US dollar.
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Yesterday sterling fell to a one month low against the US dollar and ended four days of gains against the euro over fears of a double-dip recession.
Read more...Currency update for August 24 from Smart Currency Exchange: sterling's high yesterday proves to be short lived.
Read more...Last week was a strong one for sterling against the euro and this trend has continued this morning as it is trading at €1.2260/£1.
Read more...Currency update for August 20 from Smart Currency Exchange: sterling recovers on the back of stronger than expected retail sales data.
Read more...Currency update for August 19 from Smart Currency Exchange: sterling rises to hit a daily high of $1.5689/£1.
Read more...Sterling fell yesterday against the US dollar and euro yesterday after inflation data showed a slow down in UK price growth.
Read more...Currency update for August 17 from Smart Currency Exchange: sterling reclaimed some of the ground lost against the US dollar last week, rising 0.4% yesterday to hit $1.5665/£1 after risk sentiment improved in trading yesterday.
Read more...It was an interesting week last week for sterling after the Bank of England's quarterly inflation report gave a downbeat assessment of the UK's prospects over the next two years.
Read more...Currency update for August 13 from Smart Currency Exchange: mixed week for sterling which ended the week up against the euro and down against the US dollar as a fresh wave of risk aversion hit global markets.
Read more...Currency update for August 12 from Smart Currency Exchange: pound on track for the biggest daily drop against the US dollar since the election.
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