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Currency news

GBP lifeless as vital UK service sector stalls

The pound was left adrift yesterday as a soft UK services PMI failed to inspire confidence in the British economy.

GBP/USD retreats as US-China trade headlines ...

The US dollar was the star of the show yesterday, surging on the back of rising US bond yields.

Weekly Roundup: Signs of Chinese ...

Another negative month for the Chinese manufacturing sector weighed heavily on the risk-sensitive Australian dollar, despite positive domestic data.

Weekly Roundup: Easing Eurozone inflation ...

The European Central Bank (ECB) looks set to maintain a dovish bias in the months ahead following October’s Eurozone consumer price index, which fell

Weekly Roundup: Extended Brexit deadline ...

After a UK-EU agreement to extend the Brexit deadline for three months, pressure on the pound eased. However, a dark cloud of uncertainty continues to

GBP fluctuates as UK manufacturing slump ...

The pound traded in a narrow range at the end of last week in response to the UK’s latest manufacturing PMI.

GBP/EUR reaches €1.16 as the Conservatives ...

The pound pushed higher on Thursday as GBP investors seized on polling data showing the Conservatives with a commanding lead over Labour.

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