Pound slumps thanks to surge in BoE interest rate cut ...
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%.
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.