GBP: Monday’s gains lost by day’s end

Sterling stared Tuesday marginally down on the dollar and 0.2% ahead of the euro – a stark turnaround considering at one point on Monday it was up more than 1% on USD. Bank of England and Nationwide Building Society data reveals US house prices fell in August. GBP/USD...


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Back to school for sterling after bruising summer

The pound weakened once more against the euro in the second half of last week, continuing a trend that played out over the course of a quiet yet awkward August. In fact, the whole of summer was a little awkward in a lot of ways – an experience many parents will know...


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