pound exchange rate struggles against the Euro

Pound slightly higher following yesterday’s Budget on UK Growth but US Dollar was the big mover on a day that promised so much more for the pound. Good morning, The pound, the best performing currency in the past year, strengthened after the Bank of England said further gains are possible as Britain’s economy expands amid […]

Surprise – Foreign Exchange Traders buy pounds

A Big Big Day today for the UK. We have unemployment figures followed by by the MPC minutes due at 9.30am. Later this afternoon Osbourne and the 2014 Budget!! Good morning, Domestically today’s focus is on the 2014 Budget due at 12.30pm. This is the last budget that can meaningfully impact the economy ahead of […]