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Currency news

GBP/USD retreats to $1.35 in gloomy trade

The US dollar roared higher on Friday in response to a souring market mood brought about by concerns over potential US tax hikes.

GBP/USD hovers below $1.37 on UK vaccine ...

The pound struck higher during yesterday’s trading session, with Sterling enjoying positive flows courtesy of the UK’s vaccination programme as vaccin

Monthly wrap: GBP – Last-minute Brexit deal ...

The pound has trended broadly higher over the past month, after the announcement that the UK and EU had finally signed a Brexit trade deal on Christma

GBP/EUR rally cut short by coronavirus ...

The pound initially rallied yesterday, before worrying UK coronavirus statistics curtailed the upside in GBP exchange rates.

GBP/USD retakes $1.36 as BoE resistant to ...

The pound rallied on Tuesday in response to comments from the Bank of England’s (BoE) governor Andrew Bailey.

GBP/USD slips to $1.34 as souring market mood ...

The US dollar rocketed against its peers on Monday as souring market sentiment buoyed demand for the safe-haven currency.

GBP/EUR bolstered by UK vaccination optimism

The pound strengthened on Friday as GBP investors welcomed the news that the UK had approved another coronavirus vaccine.

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