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Business articles

Hopes for coronavirus treatment weaken US dollar

The pound crept higher at the end of last week on suggestions that the UK currency remains undervalued following its sell-off last month.

US dollar soars, pound comes under pressure

Concerns over the UK’s coronavirus outbreak limited the appeal of the pound yesterday, with GBP investors worried that cases are being significantly u

Forecasting exchange rates and countering ...

Companies who trade internationally are exposed to volatile foreign exchange markets by virtue of transactions that are due for future settlement in d

Pound gains despite OBR’s -35% GDP projection

The pound enjoyed a solid day of gains yesterday in spite of the gloomy nature of the Office for Budget Responsibility’s (OBR) latest economic simulat

Pound hits one-month high

The pound pushed to its highest levels in over a month on Tuesday, extending gains from before the Easter weekend.

PM Boris Johnson moved to intensive care, GBP ...

Support for the pound weakened yesterday in the wake of a sharp decline in the GfK consumer confidence index.

USD gains despite surge in unemployment, EUR ...

A downward revision to the finalised UK services PMI for March left the pound on a weaker footing heading into the weekend.