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Currency news

GBP declines as market frets over Theresa May’s power ...

The pound weakened in reaction to Theresa May’s recent Cabinet reshuffle yesterday, with the Prime Minister’s attempt to demonstrate her authority tri

Uneventful Cabinet reshuffle boosts GBP - ...

The pound was able to end the day on largely strong form, benefiting from weak Eurozone data.

GBP dragged higher as EUR weakens on ...

Poor data from the Eurozone and the US allowed the pound to recover some of the week’s losses on Friday, but a lack of UK data prevented the pound fro

Pound sheds daily gains after German ...

The pound started yesterday with some strong gains, but the negative impact of the day’s poor UK data could not be escaped for long.

GBP wobbles but ends higher as manufacturing ...

Despite losing some ground earlier in the day, the pound was able to end yesterday’s session firmly in positive territory.

Widening US goods deficit boosts GBP/USD, but ...

Some positive industry data gave the pound some momentum yesterday, although this was not enough to prompt gains versus the euro.

Pound lower as consumer confidence falls

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

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