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Business articles

Euro flounders at four-month low

The euro was knocked back on Wednesday, retreating close to a four-month low against the US dollar as the Eurozone’s latest manufacturing data made fo

Stagnating UK growth fails to drive down pound

News that the UK economy stagnated in the fourth quarter was not enough to drive the pound lower against many of its rivals yesterday.

Will UK growth data weaken pound?

The pound made some fleeting gains on Friday, firming through most of the day before falling sharply at the end of the European session after US vice-

Pound dips despite sturdy services PMI

The pound appeared to be off to a strong start on Wednesday, rallying in the morning on the back of the UK’s final PMI figures for January.

Brexit fears send Sterling lower, Aussie ...

The pound plummeted on Monday after UK Prime Minister Boris Johnson set out a tough stance for the upcoming trade talks between the UK and European Un

Will the pound tumble after BoE rate ...

An increasing sense of anxiety over Brexit and upcoming trade negotiations between the UK and EU kept the pound on a weaker footing yesterday.

Pound firm, euro struggling, US dollar gains

The pound firmed on Friday as the UK released some better-than-forecast manufacturing and services PMIs. The results led to the UK composite PMI advan