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Business articles

Efforts to block no-deal Brexit boost GBP

The pound (GBP) broadly strengthened yesterday as UK opposition parties met to discuss plans to prevent a no-deal Brexit. The talks were led by Labour

Pound steady, US confidence data could weaken ...

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.

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