Euro loses ground, ECB policy decision in focus
Demand for the euro has eased in anticipation of today’s European Central Bank (ECB) policy announcement, with markets bracing for fresh policy easing
Unexpected UK wage growth buoys pound
The pound found fresh support on the back of July’s UK labour market report, which showed a better-than-expected increase in average weekly earnings.
Pound reaches monthly highs as MPs work to ...
Political developments set to drive further pound volatility
Pound extends gains as MPs reject calls for ...
Comments from Bank of England (BoE) Governor Mark Carney helped to boost the pound yesterday.
Loss of Conservative parliamentary majority ...
After the Conservative government dramatically lost its working majority in parliament the pound was able to recover most of yesterday’s losses.
Election bets send pound tumbling
The pound tumbled on Monday as markets braced themselves for a pivotal week in UK politics. Sterling also suffered as the latest Markit PMI report rev
Pound recovers ground, mortgage approvals leap
An unexpectedly strong increase in UK mortgage approvals helped fuel the pound’s recovery ahead of the weekend.