Analysis / Daily / Finance / forex

Sterling slips to two-week low against resurgent euro

Sterling continued its 10-day decline against a resurgent euro yesterday, falling to its lowest in two weeks, as investors looked ahead to British growth data later in the week. With Chinese market turmoil and a slide in commodity prices throwing doubt over the strength of global growth, some sterling traders are starting to question whether the … Continue reading

Analysis / Daily / Finance / forex

Sterling see-saws after BoE minutes

Sterling briefly nudged higher on Wednesday after minutes from the Bank of England’s latest policy meeting suggested that more policymakers were edging towards voting for a first interest rate hike since before the financial crisis. Though all nine monetary policy committee members voted to keep rates at their record lows, for a number of them the … Continue reading