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Business articles

Pound creeps higher, US dollar remains pressured

An unexpected uptick in UK mortgage approvals encouraged the pound to hold onto its positive footing at the start of the week.

Pound recovers ground as Brexit worries ...

A temporary lull in political developments encouraged the pound to push higher ahead of the weekend, with the currency benefiting as market anxiety ov

Brexit uncertainty continues to limit pound ...

The pound extended its downtrend at the start of the week, lacking the support of any fresh UK data releases.

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

Gloomy UK data sends Sterling lower

The pound initially got off to a strong start to the week as markets continued to take encouragement from the result of the general election.

Conservative victory sends pound higher

The pound surged overnight, hitting a three-year high against the euro and an over one-year high against the US dollar.