Slowing inflation to weaken the pound?
The pound was subdued yesterday as Theresa May offered no major revelations when she updated MPs on the state of Brexit.
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The pound was subdued yesterday as Theresa May offered no major revelations when she updated MPs on the state of Brexit.
The pound faced considerable pressure on Tuesday after the UK’s latest services PMI revealed the sector only narrowly avoided contraction at the start
The pound faltered on Monday, with the UK currency struggling to find support following the release of some worse-than-expected construction PMI figur
The pound gave up ground again at the end of last week’s session after the UK’s latest manufacturing PMI failed to impress.
The pound rallied around half a cent against the US dollar on Wednesday evening, as the Federal Reserve struck a dovish tone in its first policy meeti
The pound soared higher last week, with the UK currency striking new multi-month highs, fueled by speculation the UK would avoid a no-deal Brexit.
The pound pushed higher on Thursday, with Sterling able to maintain its recent upwards momentum amid growing speculation of a second Brexit referendum
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