Economics

Is it time for UK data to push GBP/USD above 1.30?

May 15, 2017 12:25 PM
It’s a big week for UK economic data, with inflation on Tuesday, jobs data on Wednesday and retail sales on Thursday. Expectations are rising for a big jump in CPI, a pick up in wage growth and a bounce back in retail sales last month. The question for traders is can this push GBP/USD above 1.30, which has proved a tough ceiling to crack.

UK economy plays into Theresa May’s hands

May 4, 2017 3:05 PM
The UK service sector has caught up with the manufacturing sector, and today’s PMI data for April suggests that the UK economy will rebound once more in Q2, after a disappointing start to the year.

Will the UK Budget knock the stuffing out of sterling?

March 3, 2017 4:36 AM
<p>As the dollar roars back to life, the pound has come under pressure and is down nearly 2% versus the US dollar in the aftermath […]</p>