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Currency news

Weekly Roundup: Pound declines as energy bills ...

The pound found some support at the very start of last week’s trade as investors seemed hopeful that the recession forecast from the Bank of England w

Weekly Roundup: Euro wavers amid mixed data

The euro wobbled last Monday amid some mixed eurozone data. German retail sales unexpectedly slumped, while the euro area manufacturing PMI confirmed

Weekly Roundup: Pound dented by BoE recession ...

The pound initially strengthened last week as markets increasingly priced in a 50-bp rate rise from the Bank of England.

Pound slides as BoE warns of coming UK ...

The pound tumbled yesterday after the Bank of England (BoE) forecast a UK recession beginning in the fourth quarter of this year.

Pound rises as markets price in 0.5% rate ...

The pound firmed yesterday as markets became increasingly expectant of a 0.5% rate rise from the Bank of England (BoE) later this week.

Monthly Wrap: GBP – Pound volatile as Boris ...

The pound has traded erratically over the past month, in large part due to considerable political uncertainty in the UK.

Euro nosedives as gas shortage threat ...

The euro came under notable selling pressure on Tuesday amid fresh concerns over a Eurozone recession.

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