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Business articles

Pound softens ahead of second quarter UK GDP

Fresh signs of weakness within the UK housing market left GBP exchange rates on the back foot yesterday as the sense of economic anxiety mounted.

No-deal Brexit speculation weakens GBP

Pound exchange rates drifted lower again on Wednesday as Dominic Cummings, Boris Johnson’s most senior advisor, warned MPs that a vote of no confidenc

Euro bolstered, GBP/EUR hits new two-year low

The euro broadly strengthened on Monday thanks to weakness in the US dollar. The common currency was able to storm higher despite the Eurozone’s compo

Pound slides as BoE suggests 1 in 3 odds of ...

The Bank of England’s (BoE) warning that the UK faces a one in three chance of a Brexit recession left the pound on a weak footing yesterday.

Risk of BoE rate cut could drive pound to ...

A temporary easing in market anxiety over Brexit helped to shore up the pound yesterday, even though the risk of the UK crashing out of the EU without

GBP at multi-year lows, EUR supported by ...

While the pound slumped to multi-year lows against the euro and US dollar, a better-than-expected reading from the latest German consumer price index

Newsflash: Pound nears 29-month low as ...

Boris Johnson has been Prime Minister for less than a week but his new government is already making waves in the currency market, with the pound falli