Economics

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Is the UK the sick man of Europe?

UK growth was actually weaker than expected last quarter, rising by a mere 0.2% on a quarterly basis, down from 0.3%. This drags the annual rate down to 2% from 2.1%.

May 25, 2017 06:12 AM

Is it time for UK data to push GBP/USD above 1.30?

It’s a big week for UK economic data, with inflation on Tuesday, jobs data on Wednesday and retail sales on Thursday. Expectations are rising for a big jump in CPI, a pick up in wage growth and a bounce back in retail sales last month. The question for traders is can this push GBP/USD above 1.30, which has proved a tough ceiling to crack.

Will the UK Budget knock the stuffing out of sterling?

As the dollar roars back to life, the pound has come under pressure and is down nearly 2% versus the US dollar in the aftermath […]

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Can Trump make volatility tremendous again?

The key event for this week will be Trump’s address to Congress later this evening, 2100 ET, 0200 GMT (Wednesday). This much-anticipated speech is worth […]

Traders play politics with the pound, as May steps in

The pound has dipped to its lowest level since October on Monday after Prime Minister May said on Sunday that we couldn’t keep bits of […]

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