Euro stumbles, German growth set to hit six-year low
GBP exchange rates came under renewed pressure yesterday as fears of a hard Brexit scenario picked up, driven by comments from Conservative MPs.
Shock UK retail sales slump dents pound
A surprise decline in UK retail sales weighed heavily on the pound ahead of the weekend as the odds of an imminent Bank of England (BoE) interest rate
Pound slumps thanks to surge in BoE interest ...
A surprise -0.3% monthly UK growth contraction saw the pound fall sharply out of favour at the start of the week.
Pound supported by UK services data
Support for the pound picked up at the start of the week after a surprise positive revision to the UK services PMI.
Brexit speculation weighs on GBP
At the start of the week, the US dollar was able to rise to a three-week high against a Brexit-battered Pound as trade optimism increased. Beijing ann
Dovish BoE sends pound to fresh lows
GBP exchange rates extended their downtrend on the back of the Bank of England’s (BoE) December policy announcement, even though interest rates remain
Three-year low UK inflation extends pound ...
Demand for the pound continued to weaken yesterday as November’s UK consumer price index held steady at a three-year low of 1.5%.