The U.S. dollar edged lower in early European trade Thursday, consolidating after gains overnight in the wake of an onslaught of dire economic data. Sterling has shown strength after the Bank of England remained on hold. At 3:15 AM ET (0715 GMT), the U.S. Dollar […]
EUR/GBP stages a modest bounce from multi-week lows support near the 0.8680-75 region. The GBP witnessed some selling during the early European session provided a goodish lift. The German court ruling on Tuesday continued weighing on the euro and capped the upside. The EUR/GBP cross […]
GBP/USD await fresh clues to extend the previous day’s recovery. The post-Brexit drama between the UK and the EU continues, the Irish election is the additional ones to watch. The UK data dump, Carney’s speech and Fed Chair Powell’s Testimony will be the key while […]
Fresh berry producers jointly announcing a new packaging goal for all berry clamshells throughout North America In a big step to help reduce the fresh produce industry’s environmental impact, major North American fresh berry producers have announced their commitment to use 100 per cent recycle-ready […]
GBP/USD fell 0.50% to $1.2994, but had been as low as $1.2961 after data showed unexpected weakness in U.K. industrial production and GDP data in November. The data followed remarks by Bank of England monetary policy member Gertjan Vlieghe Vlieghe, who said he […]
Lidl’s UK business reported an 11 per cent increase in sales over the Christmas period, which the discount retailer said made it the fastest growing bricks and mortar supermarket over the festive season. The group said the rise was largely driven by rising alcohol […]
Wm Morrison said group sales were down 1.7 per cent on a same-store basis in the 22 weeks to 5 January amid “unusually challenging” conditions, but held its profit forecasts for the current year unchanged.Total sales in the 22-week period were down 1.8 per […]
Exports of blueberries from South Africa have increased rapidly so far this season, with the possibility of South Africa reaching 50,000 tonnes no longer just a dream, according to industry leaders. As the South African Berry Producers Association (SABPA) met for its annual meeting to […]