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Currency news

UK construction sector slowdown pressures pound

The pound found itself reacting unusually strongly to yesterday’s construction PMI, despite the index only accounting for a small percentage of UK eco

Weekly update: Pound climbs on overseas ...

Although the latest round of Brexit negotiations yielded little progress last week, the pound was able to capitalise on the fact other currencies were

Pound boosted by strong manufacturing data ...

A strong manufacturing report for the UK, coupled with weak US data, enabled the pound to make some gains on Friday.

Pound slides as Juncker slams UK’s Brexit ...

Jean-Claude Juncker claimed yesterday that none of the UK government’s Brexit positioning papers was satisfactory, tipping the pound into a sharp decl

GBP remains close to worst levels

The pound was largely on soft form last week, although there were occasional sources of support that helped Sterling temporarily claw back losses. Ove

Sterling mixed on Bank Holiday ahead of fresh ...

With another round of Brexit negotiations set to begin soon, the markets were once again uneasy yesterday.

UK borrowing figures put the pound on the ...

On the face of it yesterday’s government borrowing figures were positive, but markets reacted negatively to the total deficit for the tax year to date

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