Irish border worries drag pound lower
The leak of the government’s supposed plans for the Irish border saw the pound trending sharply lower against many of the majors yesterday.
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The leak of the government’s supposed plans for the Irish border saw the pound trending sharply lower against many of the majors yesterday.
The pound received an upswing of support on Monday thanks to upwardly revised Q1 GDP data. UK growth was buoyed by an increase in both household and g
Comments from Bank of England (BoE) policymaker Michael Saunders prompted the pound to trend sharply lower ahead of the weekend.
The surprise announcement of European Central Bank (ECB) policymaker Sabine Lautenschläger’s early resignation weighed heavily on the euro.
The pound edged lower yesterday as parliament reconvened and PM Boris Johnson challenged opposition MPs to call a confidence vote in his government.
The supreme court’s ruling that the proroguing of parliament was unlawful encouraged the pound to push higher across the board yesterday.
September’s raft of Eurozone manufacturing and services PMIs failed to offer the euro any cause for confidence yesterday.