British households were poorer in 2011 than they were in 2010 and expect the Chancellor’s sweeping austerity plan to make life more difficult in the future, Bank of England research found. Read More British household incomes hit by austerity measures
Posted in FX News | Tagged austerity, british, by, hit, household, incomes, measures
The weak pound has boosted Britain’s trade position, helped by Britons taking fewer holidays abroad, according to the Bank of England. Read More Staycations and weak pound have boosted British trade, says Bank of England
Posted in FX News | Tagged and, bank, boosted, british, england, have, of, pound, says, staycations, trade, weak
Read More British Pound Threatens 15560 Pivot
Posted in FX News | Tagged 15560, british, pivot, pound, threatens
Read More British Pound Weakness To Gather Pace On Slower Growth, Inflation
Posted in FX News | Tagged british, gather, growth, inflation, on, pace, pound, slower, to, weakness
The pound marked significant technical breakouts against the US dollar, Japanese yen, New Zealand dollar; but overtaking a technical hurdle does not guarantee a new trend. Read More British Pound Offers Key Breakouts but We Need Follow Through
Posted in FX News | Tagged breakouts, british, but, follow, key, need, offers, pound, through, we
The British Pound had a rough week relative to the commodity currencies and its European counterparts, falling mostly across the board while only posting gains against the Japanese Yen and the Greenback. Read More Slowing British Economy to Weigh Further on Sterling
Posted in FX News | Tagged british, economy, further, on, slowing, sterling, to, weigh
Read More British Pound to Follow SdanP 500 as EU Debt Crisis Drama Unfolds
Posted in FX News | Tagged 500, as, british, crisis, debt, drama, eu, follow, pound, sp, to, unfolds
In contrast, comments from Bean, Posen and Weale have suggested that the door remains open to further instalments and RBS UK Economics continue to look for a further GBP 50bn in February. The FOMC Minutes from the September meeting showed that Fed … 33 Vote(s) Read More British pound exchange rate forecasts GBP to gain [...]
Posted in FX News | Tagged 1, british, eur, exchange, forecasts, gain, gbp, in, on, pound, rate, timeframe, to, year
Read More British Pound Breaks Through Channel Resistance dan150 Target at 16420
Posted in FX News | Tagged 150, 16420, at, breaks, british, channel, pound, resistance, target, through
Warning shots fired by Standard and Poor’s dragged the Euro lower on Monday, and the single-currency may continue to pare the rebound from 1.4102 should the European Central Bank soften its hawkish outlook for monetary policy. Read More Forex Euro Weakness Ahead, British Pound Reversal On Tap
Posted in FX News | Tagged ahead, british, euro, forex, on, pound, reversal, tap, weakness
