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Business articles

US dollar falls as Fed shocks markets with an ...

The US dollar weakened on Tuesday in response to the Federal Reserve’s surprise announcement that it would be implementing an emergency rate cut to he

GBP/EUR plummets to four-month low

The pound fell off a cliff at the start of this week’s session after the Bank of England (BoE) suggested it would alter monetary policy in an effort t

Pound weakened by sharp increase in odds of ...

The pound fell sharply out of favour yesterday as markets absorbed the nature of the UK government’s negotiating objectives for the next round of disc

Brexit concerns and shop price disappointment ...

February’s British Retail Consortium shop price index fell short of forecast, showing a deterioration of -0.6% on the year rather than the -0.2% expec

Shock manufacturing miss undermines US dollar

The pound found a rallying point yesterday as February’s CBI reported retail sales index picked up from 0 to 1.

Rising UK retail sales could spur pound gains

Fresh worries over the risk of the Brexit transition period ending without a trade agreement between the UK and EU dragged on the pound yesterday.

Pound rallies on unexpected UK manufacturing ...

February’s flash UK manufacturing PMI surprised investors by delivering a solid uptick from 50 to 51.9, avoiding the expected drop into contraction te