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Currency news

Pound succumbs to profit taking after election spike

The pound edged away from a multi-year high at the end of last week as investors engaged in some profit taking.

Monthly Wrap: Pound soars to fresh ...

The pound has been catapulted higher over the past month, striking its best levels since March in response to rising bets that the Conservatives will

GBP/USD breaks through $1.30 on hopes for a ...

The pound roared back to life yesterday on the back of polling data suggesting the Conservatives are pulling ahead of Labour once more.

Pound retreats as Labour mounts comeback in ...

The pound fell on Tuesday, relinquishing some of Monday’s gains amid rising fears the upcoming election could result in a hung parliament.

UK service sector weakness dents GBP

An unexpected deterioration from the UK services PMI left the pound on a weaker footing ahead of the weekend as worries over the fourth quarter growth

Pound fluctuates as UK politics remains in ...

The pound recorded some short lived gains yesterday as polling data continued to favour the Conservative party in the upcoming election.

Weekly Roundup: Disappointing UK inflation ...

A weaker-than-expected UK consumer price index was not enough to weigh down the pound last week, even as the odds of an upcoming Bank of England (BoE)

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