Pound weakened by sharp increase in odds of no-deal ...
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
Pound resumes slide in spite of retail sales ...
January’s sharp monthly rebound in UK retail sales was not enough to keep the pound from coming under fresh pressure yesterday.
Pound falters despite UK household optimism ...
An unexpectedly sharp bounce in the latest IHS Markit household finance index was not enough to prevent the pound from shedding ground yesterday.