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Super Thursday for Sterling – 5th November 2015

54.9 was Sterling's lucky number yesterday, for that was the purchasing managers' index reported for the UK services sector and it helped Sterling to a creditable third place among the major currencies. The Swiss Franc was just 10 ticks ahead while yesterday's leader - the...

Sterling second best in October – 2nd November 2015

A couple of months ago Sterling was the odd-one out in the currency world, being sold off consistently. Between mid-August and mid-October it fell by an average of 3.3%, gaining ground only against the South African Rand. One currency to benefit was the Euro which strengthened by...

#GBP ends the week pretty steady – 19th October 2015

Sterling ended last week pretty steady overall against the other dozen most actively-traded currencies. It was unchanged against the Euro, the Japanese Yen and the Australian Dollar from the previous day. Over the week Sterling closed up on Friday higher against all but the Kiwi...