Pound stumbles as surprise UK inflation dip fuels BoE ...
GBP exchange rates came under renewed pressure in the wake of December’s UK consumer price index, which missed market forecasts.
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GBP exchange rates came under renewed pressure in the wake of December’s UK consumer price index, which missed market forecasts.
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
A surprise -0.3% monthly UK growth contraction saw the pound fall sharply out of favour at the start of the week.
The pound was struggling at the end of last week’s session following comments by the Bank of England’s (BoE) Silvana Tenreyro.
Demand for the pound dropped sharply in the wake of Bank of England (BoE) Governor Mark Carney’s comments on growth and inflation.
The pound struggled to find momentum mid-week in light of renewed Brexit uncertainty.
The pound was left directionless on Tuesday as UK politics and Brexit were back in the spotlight as MPs returned to Westminster.