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Currency news

GBP rockets further as notable dove becomes hawkish

Upbeat comments from a surprising source within the Bank of England (BoE) set the pound off on another bullish run on Friday.

Pound soars on upbeat Bank of England comments

An optimistic set of monetary policy meeting minutes released by the Bank of England (BoE) yesterday at the conclusion of its latest gathering lit a f

Pound weakened as UK wage growth remains ...

The latest UK employment data didn’t impress when it was published yesterday, with Sterling falling against its major peers in response.

Inflation jump sends Sterling surging

The pound recorded impressive gains against the majors on Tuesday, rallying by over 0.7% against the euro, US dollar and Australian dollar in response

Weekly roundup: Euro gets a boost from signs ...

It was a turbulent week for the euro last week, with the economic outlook for the currency bloc shaken by mixed signals from the latest data. However,

How will GBP respond to UK inflation figures?

Although the pound struggled against some of the majors last week, it benefited from positive UK data on Friday and began Monday’s session in a slight

Weekly roundup: Caution from ECB policymakers ...

Appetite for the euro was soft for much of last week. Comments from members of the European Central Bank (ECB) were largely gloomy, causing markets to

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