GBP/CHF Falls After Breaching 1.46 MarkThe franc has made marginal gains against the UK currency after it was announced that Italy had finally installed a new Prime Minister, putting an end to the political uncertainty in the country. The euro strength…
GBP/CHF Falls After Breaching 1.46 MarkThe franc has made marginal gains against the UK currency after it was announced that Italy had finally installed a new Prime Minister, putting an end to the political uncertainty in the country. The euro strength…
UK GDP Figures Better than ExpectedThe pound has made significant gains against most of the major currencies today after the Office for National Statistics revealed that the UK economy grew by an estimated 0.3% in the first quarter of 2013, marginally …
Pound Left Vulnerable After Credit Rating DowngradeThe pound has actually made gains against the Franc today despite the UK losing its triple A credit rating over the weekend. Credit ratings agency Fitch announced over the weekend that it had downgrade…
GBP/CHF Remains Rangebound After Brief DipSterling lost ground yesterday after the release of poor retail sales data before recovering to trade flat against the Swiss Franc, as it has done for the past two weeks.The graph above is deceiving as it looks…
Sterling Hurt by Poor Employment FiguresSterling has lost ground against the major currencies today as it was revealed that the unemployment rate in the UK has risen to 7.9% or 2.56 million, raising questions over the strength of the UK economy. T…