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Binary UK Markets News

British Pound Could Stage "Surprise Recovery" as Pessimistic Markets are Forced to Row Back - Pound Sterling Live

BMO Capital forecast Sterling to remain supported over three- to twelve-month period. - Brexit customs agreement, inflation data seen as potential catalysts for recovery. - Pound-to-Euro exchange rate @ 1.1395 today, Pound-to-Dollar exchange rate @ ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/23/2018

Pound Sterling "a Buy" on any Weakness Relating to Fears of UK Government's Collapse - Pound Sterling Live

Pound Sterling might have fallen over recent days on the back of doubts of Theresa May's grip of the helm of the Tory party, but any weakness stemming from this story will be short-lived says one analyst. "Any bouts of weakness in the GBP related to ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/23/2018

The Pound Today: Inflation Data Softer than Forecast, Sterling not Happy - Pound Sterling Live

The Pound-to-Dollar exchange rate was already under the cosh of a surging USD, the pair is down to 1.3355 having been as high as 1.3442 ahead of the data release. The British Pound is once again taking a lead from U.K. economic data prints, and data ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/23/2018

In the black: Asian flour mills turn to Black Sea region for wheat - Reuters

SINGAPORE (Reuters) - Asian flour millers are set to buy record volumes of wheat from Black Sea producers in 2018 as traditional supplier Australia faces a second year of drought and as demand continues to grow around the region, traders said. Millers ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/23/2018

Euro continues noisy trading against Sterling - FX Empire

The EUR/GBP pair has been very noisy over the last 24 hours, going sideways in a roughly 30 pip range, as the market can't decide which direction to go. I think that ultimately we are going to remain somewhat range bound, but with a very muddy edges. ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/23/2018

FTSE 100 breaks records in march to 8000 - Financial Times

London's FTSE 100 marched further toward the 8,000 mark on Tuesday, a level it could cross for the first time this week. Strong demand for UK blue-chip stocks has been driven by the relatively weak pound, which makes sterling-denominated exports ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/23/2018

UK households £900 worse off since Brexit vote says Bank, but FTSE hits new high - as it happened - The Guardian

The inverse relationship that exists between the pound and the FTSE thanks to a large percentage of FTSE firms earning revenue outside of the UK, is expected to help the FTSE break higher into unchartered territory towards 8000, sooner rather than ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/23/2018

British pound falls to 2018 low as US dollar soars; investors await data - Channel NewsAsia

LONDON: The British pound fell to its lowest in nearly five months on Monday (May 21) as the US dollar surged and investors prepared for data that ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/22/2018

The Pound Today: Carney & Co. Appear Before Parliament, Sterling Catching a Bid vs. Euro and US Dollar - Pound Sterling Live

Those with an interest in the British Pound will be watching the Governor of the Bank of England Mark Carney and other members of the Bank's Monetary Policy Committee (MPC) testifying before Parliament's Treasury Select Committee. Proceedings kicked ... ... (Read More)
Posted by BinaryOptionsDaily.co.uk on 05/22/2018
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