Showing articles for August 2014

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Inflation puts more pressure on Sterling

20 August 2014
Rob Bastin
Sterling lost further ground against its major pairs yesterday after the latest Consumer and Producer Price index figures for the UK raised more concerns over the Bank of England’s ability to raise interest rates any time soon with inflation dropping further away from the 2% target.

Interest rate woes for the Pound

15 August 2014
Tom Arnold
A tumultuous week draws to a close today with the Pound very much on the back foot. An ailing Euro has actually managed to make some gains and the Dollar is still looking good as the US economy shows signs of being back on track.
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