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Business articles

Euro slides after ECB policy action falls short

The European Central Bank (ECB) failed to shore up the euro yesterday in spite of its decision to avoid cutting interest rates deeper into negative te

Currency markets in chaos, US dollar slides

Trade in the pound was mixed at the start of the week, with the UK’s relatively limited outbreak of the coronavirus allowing for a modest uptick in St

GBP refreshes 2020 high

Sterling reversed its losses on Tuesday after new UK Chancellor Rishi Sunak said he would unveil the annual budget on 11 March as previously planned.

Pound falters despite UK household optimism ...

An unexpectedly sharp bounce in the latest IHS Markit household finance index was not enough to prevent the pound from shedding ground yesterday.

Will UK growth data weaken pound?

The pound made some fleeting gains on Friday, firming through most of the day before falling sharply at the end of the European session after US vice-

Will the pound tumble after BoE rate ...

An increasing sense of anxiety over Brexit and upcoming trade negotiations between the UK and EU kept the pound on a weaker footing yesterday.

Pound hits monthly highs

An unexpected surge in the first quarter CBI business optimism index helped GBP exchange rates gain across the board yesterday.