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Currency news

Weekly roundup: Pound pressured after sharp ...

A -2.6% monthly GDP contraction weighed heavily on the pound as worries over the UK’s economic outlook picked up again.

GBP/USD holds at $1.36 ahead of Biden’s ...

A lack of notable data releases resulted in limited currency movement at the start of this week, particularly as investors brace for some key events l

GBP/USD retreats to $1.35 in gloomy trade

The US dollar roared higher on Friday in response to a souring market mood brought about by concerns over potential US tax hikes.

GBP/USD hovers below $1.37 on UK vaccine ...

The pound struck higher during yesterday’s trading session, with Sterling enjoying positive flows courtesy of the UK’s vaccination programme as vaccin

Monthly wrap: GBP – Last-minute Brexit deal ...

The pound has trended broadly higher over the past month, after the announcement that the UK and EU had finally signed a Brexit trade deal on Christma

GBP/EUR rally cut short by coronavirus ...

The pound initially rallied yesterday, before worrying UK coronavirus statistics curtailed the upside in GBP exchange rates.

GBP/USD retakes $1.36 as BoE resistant to ...

The pound rallied on Tuesday in response to comments from the Bank of England’s (BoE) governor Andrew Bailey.

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