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Business articles

ECB rate decision in focus

The pound climbed on Wednesday in response to hopes that the Bank of England’s unscheduled rate cut and a £30bn stimulus package announced in the UK’s

Bank of England cuts interest rates, Spring ...

The Bank of England (BoE) became the latest central bank to cut rates this morning, delivering a surprise 50 basis point cut just hours before the UK’

Currency markets in chaos, US dollar slides

Trade in the pound was mixed at the start of the week, with the UK’s relatively limited outbreak of the coronavirus allowing for a modest uptick in St

Factory orders decline weighs on US dollar

With the Bank of England (BoE) appearing less likely to cut interest rates imminently, in spite of cuts from other central banks, the mood towards the

US dollar falls as Fed shocks markets with an ...

The US dollar weakened on Tuesday in response to the Federal Reserve’s surprise announcement that it would be implementing an emergency rate cut to he

Rising UK retail sales could spur pound gains

Fresh worries over the risk of the Brexit transition period ending without a trade agreement between the UK and EU dragged on the pound yesterday.

Pound rallies on unexpected UK manufacturing ...

February’s flash UK manufacturing PMI surprised investors by delivering a solid uptick from 50 to 51.9, avoiding the expected drop into contraction te