Towards a fiscal consolidation which is spread over time but even more constrained than in France
The Spending Review and the GBP 725 billion ten-year infrastructure plan, unveiled on 11 and 19 June, respectively,…
Pound Sterling underperforms as UK economy shrinks at a faster-than-expected pace
The Pound Sterling faces a sharp selling pressure against its major peers as the UK economy declined at…
GBP/USD enters a choppy phase as market sentiment churns
GBP/USD rebounded above 1.3300 on Tuesday amid Greenback weakness. Markets took US inflation data in stride, investors continue…
Pound Sterling buyers remain uninterested ahead of US employment data
GBP/USD struggles to hold above 1.3300 in the European session on Friday. Nonfarm Payrolls in the US are…
Pound Sterling gains on surprisingly positive UK Retail Sales data
The Pound Sterling rebounds against its major peers after the UK ONS reported upbeat Retail Sales data for…
Pound Sterling outperforms on strong UK employment data
The Pound Sterling outperforms most of its peers on upbeat UK employment data for three months ending February.…