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Business articles

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%.

Pound drops as cliff-edge Brexit fears surge

Support for the pound collapsed yesterday as the Conservatives moved to rule out the possibility of any further extension of the current Brexit deadli

Gloomy UK data sends Sterling lower

The pound initially got off to a strong start to the week as markets continued to take encouragement from the result of the general election.

Profit-taking sends GBP away from best levels ...

After soaring in response to the Conservative’s decisive election victory the pound quickly began shedding ground through Friday’s session.

Conservative victory sends pound higher

The pound surged overnight, hitting a three-year high against the euro and an over one-year high against the US dollar.