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Business articles

Euro slides after ECB policy action falls short

The European Central Bank (ECB) failed to shore up the euro yesterday in spite of its decision to avoid cutting interest rates deeper into negative te

ECB rate decision in focus

The pound climbed on Wednesday in response to hopes that the Bank of England’s unscheduled rate cut and a £30bn stimulus package announced in the UK’s

Bank of England cuts interest rates, Spring ...

The Bank of England (BoE) became the latest central bank to cut rates this morning, delivering a surprise 50 basis point cut just hours before the UK’

Currency markets in chaos, US dollar slides

Trade in the pound was mixed at the start of the week, with the UK’s relatively limited outbreak of the coronavirus allowing for a modest uptick in St

UK Budget and ECB rate decision set to spark ...

Sterling was modestly supported before the weekend by comments from the European Union’s chief Brexit negotiator. Michel Barnier said that despite the

Factory orders decline weighs on US dollar

With the Bank of England (BoE) appearing less likely to cut interest rates imminently, in spite of cuts from other central banks, the mood towards the

Central banks in the spotlight, BoE comments ...

Comments from incoming Bank of England (BoE) Governor Andrew Bailey helped to dampen speculation that an emergency interest rate cut could be on the h