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Currency news

Weekly roundup: Pound under pressure as UK services ...

The pound fell ahead of the weekend as worries over the health of the UK economy picked up with the release of January’s services PMI.

GBP/USD slumps on appalling UK data

The pound slumped on Friday as GBP investors were left dismayed by some abysmal UK data releases.

GBP/USD briefly passes $1.37 on UK economic ...

The pound made fleeting gains on Thursday, driven by hopes for a solid economic rebound in the UK this year.

GBP/USD rallies to $1.37 as Biden ...

A clear risk-on mood prevailed on Wednesday as markets welcomed Joe Biden’s first moves as president.

EUR/USD rallies to $1.21 on hopes Biden will ...

A risk-on mood, amid hopes for more US stimulus in the wake of comments from incoming Treasury Secretary Janet Yellen, saw the US dollar tumble on Tue

Weekly roundup: Pound pressured after sharp ...

A -2.6% monthly GDP contraction weighed heavily on the pound as worries over the UK’s economic outlook picked up again.

GBP/USD holds at $1.36 ahead of Biden’s ...

A lack of notable data releases resulted in limited currency movement at the start of this week, particularly as investors brace for some key events l

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