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Currency news

Pound euro exchange rate soars as ECB pulls the plug ...

Currency markets saw some considerable movement yesterday, with the Pound taking a back seat as markets focused on the Euro in the wake of the ECB’s d

Weekly roundup: US dollar rally fades as ...

The US dollar’s recent surge higher appeared to come to an end last week as the latest US inflation figures printed below expectations.

Pound rises as markets flee US dollar

The latest US data was keeping global volatility alive and well, so markets headed for the relative safety of pound Sterling yesterday.

Pound lower as consumer confidence falls

Sterling’s lacklustre week looks set to continue, with a disappointing UK confidence report undermining demand for GBP.

Will Carney’s speech support or scupper pound ...

The gains recorded by the pound on Monday proved short lived, with Sterling going on to slide against most the majors as the week continued.

Pound struggles after ‘Super Thursday’ tumble

Yesterday’s Bank of England (BoE) ‘Super Thursday’ was anything but (although it was still a Thursday).

Pound soft as consumer optimism slides

UK retail data yesterday gave the pound a boost after suggesting consumer spending was weathering the storm of strong inflation and weak wage growth.

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