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Business articles

GBP jumps, USD supported by rate speculation

The US dollar was boosted as two members of the Federal Open Market Committee (FOMC) pushed back against the idea of another interest rate cut.

GBP could extend losses if retail sales ...

Demand for the pound diminished after July’s UK public sector net borrowing figure missed forecasts with a narrowed budget surplus.

Pound could dip today

GBP exchange rates slipped yesterday and could shed further ground this morning if August’s CBI industrial trends orders index slides deeper into nega

Euro slumps as ECB prepares for significant ...

With the European Central Bank (ECB) looking set to unveil a significant stimulus package at its September policy meeting the mood towards the euro ha

Will the euro be driven lower by trade data?

Increasing anxiety over the prospect of a potential German recession kept the euro under pressure yesterday.

Upbeat retail sales and Brexit optimism boost ...

The pound enjoyed strong support yesterday, being boosted by both upbeat domestic data and efforts to prevent a no-deal Brexit.

Crash in German confidence drives euro lower

An eleven-year high in UK wage growth was not enough to shore up the pound yesterday as June’s unemployment rate climbed unexpectedly.