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.
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.
Upbeat retail sales and Brexit optimism boost ...
The pound enjoyed strong support yesterday, being boosted by both upbeat domestic data and efforts to prevent a no-deal Brexit.
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
Crash in German confidence drives euro lower
An eleven-year high in UK wage growth was not enough to shore up the pound yesterday as June’s unemployment rate climbed unexpectedly.
Pound poised to extend gains if UK wage ...
The pound could continue yesterday’s recovery if June’s average weekly earnings figure accelerates as forecast.