February 26th, 2014
By Smart Currency
Expectations of a quiet day yesterday were not met as comments from Bank of England policymaker Ian McCafferty, who claimed that an interest rate hike could happen in...
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February 25th, 2014
By Smart Currency
No major economic news was released from the UK yesterday, although sterling did move against the US dollar throughout the day, hitting a high of 1.667 against the...
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February 24th, 2014
By Smart Currency
Sterling had a difficult week last week as economic data disappointed. For example, retail sales in January decreased by 1.5%, which was a greater reduction than...
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February 21st, 2014
By Ricky Bean
Following a strong performance in the previous week, sterling found itself losing ground against its major trade partners this week as UK economic data undermined...
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February 20th, 2014
By Smart Currency
Yesterday proved to be a mixed day for sterling as UK unemployment data surprised markets by increasing by 0.1% to a level of 7.2%. Prior to this announcement, sterling...
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February 19th, 2014
By Ricky Bean
Sterling had a mixed day yesterday, falling in advance of the release of the Consumer Price Index (CPI), an indicator of UK inflation. This data showed that inflation...
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