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Currency news

Monthly Wrap: GBP – Pound rocked by bleak BoE ...

The pound spent much of the past four weeks on the defensive. Growing fears of a UK recession left investors increasingly sceptical of Sterling’s upsi

Euro buoyed by ECB rate hike expectations

The euro firmed on Thursday, supported by European Central Bank (ECB) interest rate hike bets.

Pound nosedives following alarming slump in ...

The pound plummeted on Tuesday as the latest UK PMIs printed well below expectations.

Weekly Roundup: Pound climbs as UK data beats ...

Sterling wobbled at the start of the week amid a shifting market mood and a lack of UK economic data.

Pound slides as UK inflation hits 40-year high

The pound fell sharply yesterday after the UK inflation rate jumped from 7% to 9% – its highest level since 1982.

Pound hits two-week highs on strong jobs data

The pound surged higher at the start of yesterday’s session, hitting two-week highs against the US dollar and the euro, after the UK’s latest labour m

Key currencies wobble as investors await ...

The pound, euro and US dollar all wavered yesterday as markets waited for higher-impact data later in the week.

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