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Business articles

US dollar slides as US jobless claims hit 26 million

Worries over the outlook of the UK economy picked up yesterday thanks to an unprecedented decline in April’s services PMI.

Euro jumps as confidence returns, pound ...

The pound tumbled during yesterday's trading session after BoE chief economist Andy Haldane warned the UK economy faces a modest contraction in the fi

Hopes for coronavirus treatment weaken US ...

The pound crept higher at the end of last week on suggestions that the UK currency remains undervalued following its sell-off last month.

Pound undermined by Brexit worries

The pound was on the back foot yesterday as a Downing Street spokesperson said that the UK will not seek any extension to the Brexit transition period

US dollar soars, pound comes under pressure

Concerns over the UK’s coronavirus outbreak limited the appeal of the pound yesterday, with GBP investors worried that cases are being significantly u

Pound hits one-month high

The pound pushed to its highest levels in over a month on Tuesday, extending gains from before the Easter weekend.

Pound steady before GDP report

The pound advanced against the euro and US dollar over the course of Wednesday and managed to retain its modest gains overnight.