Euro stumbles, German growth set to hit six-year low
GBP exchange rates came under renewed pressure yesterday as fears of a hard Brexit scenario picked up, driven by comments from Conservative MPs.
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GBP exchange rates came under renewed pressure yesterday as fears of a hard Brexit scenario picked up, driven by comments from Conservative MPs.
An unexpected uptick in UK mortgage approvals encouraged the pound to hold onto its positive footing at the start of the week.
The pound faltered on Monday in response to polling figures printed over the weekend, which suggested that Labour is closing the gap with the Conserva
GBP exchange rates surged across the board on Friday, spurred on by hopes of a potential breakthrough on Brexit.
The Pound broadly strengthened before the weekend thanks to reports that the UK’s Brexit negotiations with the EU have been resurrected.
The leak of the government’s supposed plans for the Irish border saw the pound trending sharply lower against many of the majors yesterday.
Political developments set to drive further pound volatility