Pound steady ahead of BoE Bailey speech

The pound has started the week steady against the euro and close to 1% stronger than last Monday. Against the US dollar there was a fair amount of movement over the week but following the Budget on Wednesday matters settled down. GBP/USD is looking a little weaker...


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Pound strong, as pressure bears on bankers

The pound is looking positive against the euro this morning, if a little shaky against USD. Against the euro, for three months now between January and today sterling has struggled to surpass the resistance level around €1.20-1.21. You have to wonder whether it ever...


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GBP: UK sends more missiles to aid Ukraine

The pound is weaker against the euro and the dollar this morning following disappointing data. PMI figures for the UK – which measure the expansion of a specific sector – revealed that the manufacturing sector contracted in March, but the service sector expanded....


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Global leaders unite in Brussels to support Ukraine

The pound is weaker against the euro and the dollar this morning following a series of data releases in the UK, EU and US. In the UK, data disappointed, with poor PMI, consumer confidence and retail sales figures. The EU also saw lower PMI figures, while the US saw a...


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