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Business articles

Pound hits monthly highs

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

Shock UK retail sales slump dents pound

A surprise decline in UK retail sales weighed heavily on the pound ahead of the weekend as the odds of an imminent Bank of England (BoE) interest rate

Will UK retail sales send Sterling higher?

News that credit conditions softened in the fourth quarter had little impact on the pound yesterday, with the deterioration offering little surprise t

Pound braces for lacklustre UK inflation ...

As the initial impact of the recent dovish comments from Bank of England (BoE) policymakers faded this encouraged GBP exchange rates to recover some o

Pound slides, USD pressured by payrolls data

The pound was struggling at the end of last week’s session following comments by the Bank of England’s (BoE) Silvana Tenreyro.

Strong jobs data lifts US dollar, euro slides

The pound struggled to find momentum mid-week in light of renewed Brexit uncertainty.

Pound slips before services data, euro firms

A downgraded UK construction PMI offered the pound little in the way of encouragement on Friday as the sector fell deeper into contraction.