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Pound Gains Versus Euro and US Dollar, as Chancellor Hammond Upbeat
The pound came out swinging last week, first because UK Chancellor of The Exchequer Philip Hammond was upbeat about the UK economy, at his Spring Statement.
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Pound Rises Versus Euro, as UK Economy Beats Forecasts in Feb 2018
The pound shot up last week, chiefly because the UK economy beat expectations. To start with, the UK's gigantic services sector hit 54.5 in February, according to IHS Markit.
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GBP Slips Versus EUR and USD, as EU Publishes Brexit Transition Draft
The pound fell last week, chiefly because the EU released its draft Brexit transition deal, in which the EU ignored several UK demands.
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Pound Rises Versus Euro, as BoE May Hike UK Interest Rates Sooner
The pound has strengthened, chiefly because the Bank of England hinted that UK interest rates may soon faster and further than financial markets currently expect.
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Pound Rockets Versus US Dollar, as Global Economic Outlook Upbeat
The greenback could continue to slide, looking forward. This is because, first, US retail sales surprisingly fell -0.3% in January, below hopes for +0.2%.
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Pound Strengthens Versus Euro and US Dollar, as UK Q4 GDP Upgraded
The pound strutted its stuff last week, because UK GDP rose by +0.5% in Q4 last year, above the previous estimate of +0.4%
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Pound Rises Versus Euro, as BoE Saunders Signals Falling Joblessness
The pound puffed out its chest last week, chiefly because Bank of England policymaker Michael Saunders said that he thinks that UK unemployment will fall even further this year, below 4%.
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Pound Loses Out Versus Euro, as ECB To Further Ease Back Stimulus
The euro reached for the stars last week, chiefly because the European Central Bank (ECB) hinted that it will soon further ease back its vast stimulus.
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Pound Steady Versus Euro, as UK Services Accelerate In December
Sterling held its own last week, chiefly because the UK's vast services sector expanded more than forecast last month.
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Pound Steady Versus Euro, as UK Q3 GDP Upgraded To 1.7%
The pound moved little this week, first because reports about UK GDP were mixed.
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