GBP/EUR collapses to six-week low as government’s ...
The pound moved sharply lower yesterday as markets were spooked by the publication of the UK’s mandate for trade negotiations with the EU.
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The pound moved sharply lower yesterday as markets were spooked by the publication of the UK’s mandate for trade negotiations with the EU.
The euro tumbled on Tuesday as a rising number of coronavirus cases in Italy stoked fears the country could slip into a recession this year.
The US dollar opened this week on strong-footing, being propelled higher by growing concern over the coronavirus outbreak.
As markets had braced for the UK manufacturing PMI to slip back into contraction territory a surprise uptick from the index gave the pound a boost las
The pound rallied on Friday, recouping some of its losses from earlier in the week as markets cheered the release of the UK’s latest PMI figures.
The pound trended lower on Wednesday, retreating in spite of surprisingly strong UK CPI figures.
The pound maintained its upward momentum on Tuesday as GBP investors welcomed the news that the UK government will not be making any more delays to it
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