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EUR/GBP Could Reach Near .9000

Due to the inequality of the cuts, GBP should move lower at a faster pace than the Euro.

Bank notes of different currencies

Week Ahead: Coronavirus, FOMC, BOE, and Brexit

On the opening next week, the focus will likely continue to be the Coronavirus.

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Sterling Lower on Economic Data

For today’s most important data releases, the outcome was even worse than expected.

Business rebound helps pound hold ground

A growth surprise is helping sterling shrug off increasingly ferocious parliamentary battles

European Equity Market Handover: The Fed still caps

The over-reaction to the Federal Reserve’s more balanced commentary on the rates outlook than expected is starting to unwind

QUICK BOE PREVIEW

A few points to watch as the Bank of England updates policy

Dow creaks as skies darken

Trade talks look dicier as the global economy stalls.

Hedged BoE forecasts buoy sterling

BoE Governor Carney's live comments were less alarming than today's statement.

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February 7, 2019 10:45 PM

FTSE rallies as market suffers whiplash from UK politics

The FTSE rallied on Friday but a look back at the past week shows the index has barely nudged higher than where it started.

FTSE opens higher

The FTSE stared the day strongly, up over 0.50%, pulled higher by a stronger close in the US market and positive company news including Investec’s spin off plans.

FTSE nudges higher despite Asian stock slump

European shares started the week mostly flat but there is a glint of optimism in the FTSE 100 as it slowly works its way higher.

FTSE on a downward path

Having started the day upbeat, the FTSE proceeded to lose ground.