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Currency news

Pound slumps on worst retail sales fall since ...

Dire retail sales data for October sent the pound tumbling yesterday, with falling confidence in the UK government doing nothing to alleviate losses.

Upside surprise from UK GDP data sends pound ...

Markets responded positively to the latest UK GDP data yesterday, sending the pound racing higher across the board.

Comments from BoE Cunliffe weaken pound on ...

Comments from a senior Bank of England (BoE) official weakened the pound yesterday on the diminishing odds of a November rate hike.

Softening industry data and car dealer gloom ...

The latest data suggested that weakened Sterling exchange rates were not benefitting the manufacturing sector in the way economists had expected, whic

Weekly roundup: Mixed week for euro as ...

The euro was on varying form last week, in spite of some positive Eurozone data. Strong bets of an interest rate hike from the Federal Reserve in Dece

Will Brexit negotiations move on to the next ...

Poor UK retail sales data weighed on Bank of England (BoE) rate hike expectations on Thursday, leaving the pound in a weaker position against most of

GBP/NZD surges on New Zealand’s coalition news

The UK’s latest employment numbers lent the pound little support on Wednesday, while political developments in New Zealand saw NZD tumble by over 1.5%

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