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Currency news

Pound softens as UK retail sales drop to decade low

The pound was back on the defensive yesterday as the publication of some gloomy domestic retail data dragged on the UK currency.

Pound slips, investors unsettled by UK ...

UK politics returned to the fore for GBP investors on Monday, with the pound slipping as the murky outlook weakened sentiment.

Weekly Roundup: Increased BoE caution dampens ...

Investors were caught off guard by the dovish tone of the BoE’s June policy announcement, leaving the pound on the back foot.

Euro rebounds on Eurozone optimism

The euro swung higher at the end of last week, with the single currency recouping some of the session’s losses as the Eurozone’s private sector accele

Pound surrenders gains as BoE turns dovish

The pound found itself on the back foot yesterday as markets reacted to the Bank of England’s latest policy meeting.

US dollar nosedives on dovish Fed signals

The pound shot higher yesterday, particularly against the US dollar which was undermined by a dovish outlook from the Federal Reserve.

Euro weakened by ECB rate cut speculation

The euro was centre stage yesterday as the single currency was rocked by speculation that the European Central Bank (ECB) could lower interest rates l

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