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Business articles

Pound slumps as BoE outlook shifts towards rate cut

Comments from Bank of England (BoE) policymaker Michael Saunders prompted the pound to trend sharply lower ahead of the weekend.

Departure of ECB hawk fuels euro decline

The surprise announcement of European Central Bank (ECB) policymaker Sabine Lautenschläger’s early resignation weighed heavily on the euro.

Will the pound stumble this week?

GBP exchange rates slipped ahead of the weekend as Brexit talks showed signs of breaking down.

Record increase in oil prices fuel Canadian ...

The euro declined at the start of the week when European Central Bank (ECB) chief economist, Philip Lane signalled further monetary loosening when he

Fed speculation keeps US dollar under pressure

Reports that cabinet members were urging Boris Johnson to seek an extension to the current Brexit deadline fuelled a GBP exchange rate rally last week

Newsflash: Pound soars on rekindled hopes of ...

Friday the 13th may be unlucky for some, but not the pound – with the currency soaring to its best levels since July.

Euro rebounds after ECB unveils limited ...

The European Central Bank’s (ECB) decision to restart its stimulus programme drove the euro sharply lower yesterday.