Easing political anxiety sends pound higher
Rising hopes that the UK could avoid a hung parliament helped to lift the pound at the start of the week.
Pound pressured by political developments
A lack of fresh UK data saw the pound struggling to gain any particular traction ahead of the weekend, with the currency hampered by political anxiety
Faltering UK retail sales weaken pound
The mood towards the pound soured in the wake of a disappointing set of UK retail sales figures.
Falling UK inflation inspires fresh pound ...
October’s UK consumer price index proved weaker than forecast yesterday, with the headline inflation rate dipping from 1.7% to 1.5% on the year.
Weaker UK inflation could trigger pound ...
A weaker-than-expected month of UK wage growth put a dampener on the pound yesterday, limiting the impact of an improved unemployment rate.
