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Currency news

Pound stumbles after unexpected UK growth contraction

As the growth rate eased to -0.2% in Q2 this fuelled speculation that the UK could enter a recession ahead of the October Brexit deadline.

GBP/EUR close to decade low on UK recession ...

The pound fell heavily on the back of some worrying GDP figures at the end of last week, with the GBP/EUR exchange rate falling just short of a decade

Pound poised to plummet on gloomy UK GDP ...

The pound was left on the back foot yesterday as rumours swirled that Boris Johnson was preparing himself for a no-confidence vote and a subsequent ge

Pound stumbles, is there no way to prevent a ...

Brexit uncertainty returned to bite the pound yesterday, leaving it to slide against many of its peers on concerns that it may be too late to stop a n

Will the threat of a US-China trade war ...

Escalating trade tensions between the US and China continued to drive currency markets yesterday, particularly the US dollar, which was dented by spec

What impact has the yuan slump had on ...

Currency markets were rocked at the start of this week’s session as a sharp drop in the Chinese yuan stoked concerns that Beijing may be manipulating

Weekly Roundup: Pound nosedives as the odds ...

The pound was met by a sharp sell-off last week in response to the rising fear that the UK is heading toward a cliff edge Brexit.

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