Posts Tagged ‘GDP’
Sterling set to accelerate higher
GBP The Pound finished the week just north of the 1.12 handle against the Euro and just below 1.33 against the Dollar. Though a positive week overall for Sterling it never manged to break through the key resistance levels of 1.1215 and 1.3310 and instead spent week bouncing back off them. Should these levels be…
Read MoreUK Growth to Offer Exchange Rate Boost
Happy Monday! There are more possible iterations of a game of chess than there are atoms in the known universe. The average person walks the equivalent of three times around the world in a lifetime. Coca-Cola would be green if colouring wasn’t added to it. The week ahead UK Prime Minister Boris Johnson has seen…
Read MoreUS-China trade talks set to resume
STERLING The Pound hit its lowest level against the US Dollar in over two-weeks on Thursday at 1.2854 after the Bank of England voted 9-0 to leave the Bank Rate on hold at 0.75%. Growth forecast’s they predicted only three months ago were revised lower from 1.7% to 1.2%. The Pound strengthened during the press…
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