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Currency news

Record plunge in retail sales sidelines Sterling

The release of some worrying retail sales figures left the pound mostly directionless at the end of last week’s session.

Abysmal PMI figures highlight economic pain ...

The release of April’s preliminary PMI figures hung over currency markets yesterday as record drops in activity stoked concerns over the economic dama

Monthly wrap: 7 of the world’s best virtual ...

We might be on lockdown but that doesn’t necessarily mean missing out on everything you had planned for 2020.

Will PMI figures confirm economic activity ...

It was a relatively quiet day in currency markets yesterday, with the only notable movement being the pound’s rebound from a two-week low.

Pound tumbles as BoE warns of a difficult ...

The pound experienced a sharp sell-off on Tuesday, with GBP exchange rates hitting a two-week low in response to the Bank of England’s (BoE) gloomy ou

Tumbling oil prices boost US dollar, pound ...

The US dollar rallied on Monday as a collapse in US oil prices rocked markets and saw investors favour safe-haven assets.

Weekly Roundup: Rising US joblessness fails ...

The decline of the US labour market continued apace with 5.2 million more jobless claims logged in the last week, although this failed to dent the US

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