Saturday, 22 October 2016
|FOREX : GBPUSD|
21 Oct 16 00:00
The British pound has jumped to its highest level in over a week Tuesday after a lawyer for Theresa May's government said parliament will “very likely” have to ratify an eventual agreement between the U.K. more»
Ryanair cut its annual profit forecast on Tuesday due to a weaker pound, but its share price rose after it said it expected to boost its market share in the coming months by selling more tickets at cheaper prices. more»
British luxury fashion label Burberry reported a better-than-expected rise in second-quarter retail sales after tourists flocked to its London stores to take advantage of the weaker pound, boosting sales in its home market by 30%. The company said ... more»
01:45 | 16/10/16
With 70pc or more of UK companies' earnings made overseas, further weakness in the pound would continue to put upward pressure on earnings forecasts as translation benefits and greater competitiveness start to feed through into results announcements. more»
15:19 | 12/10/16
After days of relentless selling, the British pound has finally found its footing in Asia, jumping more than one per cent against the US dollar. more»
There are currently no comments on this topic.
Be the first person to Add a Comment...
You must be a registered user to post a comment: REGISTER NOW
If you are already registered, please LOGIN NOW