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Currency news

Pound rises on reports of UK single market access ...

The pound was boosted yesterday following a report in Business Insider stating that the European Parliament may be prepared to grant the UK some form

Friday’s poor UK retail sales continue to ...

With nothing else to focus on yesterday, markets continued to sell the pound in response to Friday’s gloomy retail figures.

Weekly roundup: USD retreats as robust ...

The US dollar suffered at the hands of foreign exchange traders last week as investors began to bet against the ‘greenback’ once again.

Weak UK retail sales undermine pound

Poor retail sales figures weakened the pound on Friday and left questions hanging over the outlook for the UK economy.

Pound rises as markets flee US dollar

The latest US data was keeping global volatility alive and well, so markets headed for the relative safety of pound Sterling yesterday.

Pound mixed as US inflation data panics stock ...

The pound was on mixed form yesterday, with what was meant to be a unifying speech from Foreign Secretary Boris Johnson on Brexit changing little rega

Strong UK inflation data boosts pound on ...

The odds of a UK interest rate hike this year were boosted by strong inflation data yesterday, pushing GBP higher.

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