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Currency news

Pound plummets as markets brace for end-of-month ...

The pound was hit by significant losses yesterday as end-of-month repositioning triggered a major sell-off.

Pound bolstered by Labour’s proposals to ...

The pound advanced on Monday as the currency was buoyed by optimism that a Labour backed amendment to the Brexit bill could help lead to a softer exit

Weekly roundup: Pound races higher on upbeat ...

The pound enjoyed its best session in over a month last week, with the UK currency advancing against the majority of its peers on the back of some imp

Pound rebounds on talk of accelerating rate ...

The pound bounced back from its early losses on Friday as sentiment was bolstered by a hawkish outlook from a BoE policy maker and some positive progr

Pound gives up gains in wake of BoE rate ...

After initially racing higher yesterday morning the pound found itself relinquishing much of the day’s gains in the afternoon, following the conclusio

Pound bolstered by strong wage growth

The pound struck higher against the majority of its peers yesterday as the UK currency found considerable strength from a faster-than-expected uptick

Disappointing inflation data keeps pound ...

Yesterday’s weaker-than-expected UK inflation data cast doubt over the likelihood of an interest rate hike in May from the Bank of England, leaving th

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