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Business articles

Pound slumps thanks to surge in BoE interest rate cut ...

A surprise -0.3% monthly UK growth contraction saw the pound fall sharply out of favour at the start of the week.

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.

BoE interest rate cut speculation fuels pound ...

Demand for the pound dropped sharply in the wake of Bank of England (BoE) Governor Mark Carney’s comments on growth and inflation.

Strong jobs data lifts US dollar, euro slides

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

Brexit speculation leaves pound rangebound, ...

The pound was left directionless on Tuesday as UK politics and Brexit were back in the spotlight as MPs returned to Westminster.

Pound supported by UK services data

Support for the pound picked up at the start of the week after a surprise positive revision to the UK services PMI.

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.