UK Preliminary Composite PMI Jumps to 53.9 from 51.4 Prior
Flash estimates indicate a significant acceleration in the UK economy at the start of the year. The S&P Global Composite…
Tag: UK Economy
Sterling advances against a softer US Dollar; focus shifts to upcoming UK data
During Monday’s European trading session, the Pound Sterling (GBP) gained 0.15% against the US Dollar (USD), trading near the 1.3400…
UK’s OBR Reports Third-Largest Medium-Term Tax Increase in Post-2010 Era
The UK’s Office for Budget Responsibility (OBR) announced on Wednesday that approximately three-quarters of the planned reduction in borrowing over…
EUR/GBP Softens to 0.8800 Ahead of Key UK Data Releases
The EUR/GBP pair is trading lower, around 0.8815, in early European session trading on Friday. The British Pound is gaining…
GBP Demonstrates Stability and Strength on Cross-Currency Pairs – Scotiabank
GBP Steady Against USD, Outperforming G10 Crosses – Scotiabank The British Pound (GBP) is down slightly by 0.1% against the…
GBP/USD Dips Towards 1.3150 as Weak UK Data Fuels BoE Rate Cut Bets
The GBP/USD pair is weakening, trading around 1.3155 during Monday’s early Asian session. The Pound Sterling (GBP) is losing ground…
Pound Tumbles on Signs of Deteriorating UK Job Market
The Pound Sterling slid sharply against its major peers on Tuesday after UK labour market figures for the three months…