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Currency news

Weekly roundup: UK retail sales recovery lifts pound

A solid rebound in February’s UK retail sales data helped to push the pound higher across the board ahead of the weekend.

GBP/EUR passes €1.17 for first time in a year ...

The pound rallied on Friday as GBP investors cheered the release of the UK’s latest retail sales release.

GBP/EUR approaches €1.17, vaccine exports in ...

The pound mounted a recovery on Thursday as GBP investors welcomed the decision by EU leaders to not place restrictions on vaccine exports.

GBP/USD retreats to two-month low on ...

The pound was on the defensive again on Wednesday in the wake of the UK’s underwhelming inflation figures.

GBP/USD plunges to $1.36 as risk-off mood ...

The US dollar trended higher on Tuesday, with the safe-haven currency finding broad support amidst a souring of market risk appetite.

GBP/EUR slumps as Boris Johnson warns ...

The pound retreated on Monday as GBP investors were unnerved by the prospect of Europe’s coronavirus resurgence impacting the UK.

Weekly roundup: Pound benefits from signs of ...

Demand for the pound picked up in the wake of the BoE’s policy announcement, even though no interest rate hike looks likely for the foreseeable future

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