Will inflation push the Pound higher this week?

  By Nigel Hodges, Currency expert at Currency Solutions   The Pound is set for a busy week with some expecting that this week’s focus on inflation – with the actual CPI inflation figures tomorrow and the quarterly inflation report on Wednesday – could push the Pound higher if inflation once more comes in well above target.   This could provide further momentum to Sterl

Pound pulled down to 1.16 following last week’s GDP slump

The Pound is starting the week at the 1.16s against the Euro – lower than last Monday when we came off the starting blocks at 1.17 but the Pound has actually regained some ground over the weekend from lower falls to 1.154 on Friday and 1.153 last Wednesday when we saw decidedly low GDP figures knock the Pound down. This kind of volatility is becoming ever more normal of late as uncertainty ov