Bank of England – Rate Hike in Cards?
July 29, 2015
Bank of England has been talking about a possible rate hike for quite some time but so far they have not done anything which is not suprising as most of the major central banks around the globe are either cutting rates or keeping them at extremely low leves. Furthermore, BOE... View Article
UK, Pound and Scotland
September 3, 2014
It’s not an everyday sight when Scotland has more influence over GBPUSD exchange rate than the actual (important) data out from UK but recently it happened. When the Constrution PMI was released this week, Sterling continued its decline against the USD like nothing happened, even though the data was very... View Article
April 16, 2014
Couple of hours ago we saw the release of United Kingdom’s unemployment % and the result was extremely positive for the UK’s economy. The new number is 6.9% and that should mark the beginning of new era for England in terms that we should start expecting an increase in the... View Article