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GBP/EUR rises to €1.1350 after Services data

Good morning. We’ve seen the UK currency rebound this morning. I mentioned in yesterday’s post that we would see the latest UK services data today. This was released at 09:30am and was better than forecast. The number came in at…

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What could move GBP exchange rates this week?

Exchange Rates

Good morning. In today’s post, I’ll take a look at what data releases are due this week that could affect Sterling exchange rates. Some key events include UK growth figures on Friday, and speeches by various central bank members. A very…

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Sterling up slightly after better than expected Retail Sales

Good morning. We’ve just seen the latest UK Retail Sales numbers, which came in significantly above forecast at 1.6%. Markets only expected a gain of 0.7%, so the better result has helped the Pound gain slightly against the Euro. This…

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