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Currency news

Pound subdued following BoE’s 50bps rate hike

Trade in the pound was erratic on Thursday after the Bank of England (BoE) disappointed with a 50bps rate hike.

Weekly Roundup: Pound fluctuates on mixed data

The pound got off to a slow start last week as the UK’s latest GDP figures reported a smaller-than-expected rebound in growth in July.

GBP/USD plunges to 37-year low on abysmal UK ...

The pound was met by heavy selling pressure on Friday, following a plunge in UK retail sales.

Euro bolstered by hawkish ECB comments

The euro strengthened on Thursday, as EUR investors welcomed some hawkish comments from a European Central Bank (ECB) policymaker.

Pound firms amid uptick in core UK inflation

The pound rallied on Wednesday as GBP investors welcomed the publication of the UK’s latest inflation figures.

Weekly roundup: Pound fluctuates as Liz Truss ...

The pound initially stumbled last week. The currency being pressured by a spike in European gas prices and a weaker-than-expected UK services PMI.

Pound muted as BoE postpones next interest ...

The pound wavered on Friday as the Bank of England (BoE) announced it would be postponing its September interest rate decision.

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