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Business articles

Pound steady, US confidence data could weaken USD

Brexit speculation drove pound volatility last week, with hopes of a potential breakthrough sending Sterling higher.

GBP jumps, USD supported by rate speculation

The US dollar was boosted as two members of the Federal Open Market Committee (FOMC) pushed back against the idea of another interest rate cut.

GBP could extend losses if retail sales ...

Demand for the pound diminished after July’s UK public sector net borrowing figure missed forecasts with a narrowed budget surplus.

Pound could dip today

GBP exchange rates slipped yesterday and could shed further ground this morning if August’s CBI industrial trends orders index slides deeper into nega

Euro slumps as ECB prepares for significant ...

With the European Central Bank (ECB) looking set to unveil a significant stimulus package at its September policy meeting the mood towards the euro ha

Will the euro be driven lower by trade data?

Increasing anxiety over the prospect of a potential German recession kept the euro under pressure yesterday.

Surprise rise in UK inflation lifts pound

The pound trended higher across the board in the wake of yesterday’s UK consumer price index data, which saw the inflation rate strengthen from 2.0% t