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Business articles

Election bets send pound tumbling

The pound tumbled on Monday as markets braced themselves for a pivotal week in UK politics. Sterling also suffered as the latest Markit PMI report rev

Upbeat retail sales and Brexit optimism boost ...

The pound enjoyed strong support yesterday, being boosted by both upbeat domestic data and efforts to prevent a no-deal Brexit.

US dollar could gain after manufacturing ...

At the end of last week the US dollar remained under pressure as stronger-than-expected US inflation data did little to curb expectations that the Fed

Could further Brexit turmoil weigh on ...

At the end of last week the US dollar rose as risk-appetite continued to diminish due to trade tensions between the United States and China.

Will German sentiment data help the euro ...

At the end of last week the euro slipped following the release of a disappointing flash German manufacturing PMI.

Could a hawkish Bank of England aid Sterling?

Yesterday the Pound slipped following the release of a better-than-expected services PMI, which showed that employment within the sector fell at its f

Pound at risk of further weakness on UK ...

In the wake of Friday’s underwhelming UK manufacturing PMI investors are wary of another weak performance from the corresponding construction PMI.