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Pound Slips Versus Euro and US Dollar, as UK GDP Slows in Q1 2018
The pound played dead lions last week, chiefly because UK GDP rose by just +0.1% in Q1 2018, well below forecasts for +0.3%, and the lowest since Q4 2012.
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Pound Hits 11-Month High Versus Euro, as BoE’s McCafferty Signals Hike
The pound put its skates on last week, because UK retail sales climbed by +1.4% in March year-on-year, said the British Retail Consortium.
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Pound Gains Against Euro, as Markets Confident of Brexit Trade Deal
The pound climbed last week, chiefly because financial markets are confident that the UK and EU will agree a favourable Brexit trade pact.
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Pound Jumps Against Euro and US Dollar, as BoE on Course to Hike Rates
The pound gained last week, because 2 members of the Bank of England's interest rate-setting committee unexpectedly voted to lift UK interest rates.
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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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