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Business articles

Pound supported by UK services data

Support for the pound picked up at the start of the week after a surprise positive revision to the UK services PMI.

Dovish BoE sends pound to fresh lows

GBP exchange rates extended their downtrend on the back of the Bank of England’s (BoE) December policy announcement, even though interest rates remain

Three-year low UK inflation extends pound ...

Demand for the pound continued to weaken yesterday as November’s UK consumer price index held steady at a three-year low of 1.5%.

Profit-taking sends GBP away from best levels ...

After soaring in response to the Conservative’s decisive election victory the pound quickly began shedding ground through Friday’s session.

Election Day – how will the pound hold up?

Pre-election jitters failed to knock the pound off its positive footing yesterday, even as opinion polls pointed towards a narrower Conservative lead.

Pound undermined by polls and manufacturing ...

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