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Currency news

Weekly roundup: Pound unsteady as inflation ...

Data last week alternated between undermining the pound and supporting it higher. The outlook for consumer spending and interest rates still remains g

Terror attacks in Spain but pound remains weak

Two deadly terror attacks in Spain on Thursday evening unsettled the markets on Friday, as did further chaos in the US administration. With no economi

Lacklustre UK retail sales leave pound soft

UK retail sales data beat forecasts yesterday, with growth in spending slowing less than economists had expected, but sales growth remained weak overa

Pound seesaws after strong wage growth data

Above-forecast wage growth may have boosted the pound until mid-afternoon yesterday, but markets seemed to have a rethink later in the day and Sterlin

Disappointing UK inflation causes GBP slump

Markets were not impressed by yesterday’s UK inflation data for July, which showed consumer price growth remains too weak to prompt monetary tightenin

Pound takes a break from pessimism to benefit ...

A continued pessimistic outlook for the UK economy, coupled with political uncertainty regarding Brexit, weighed on the pound amidst a week of sparse

Pound unsteady as UK data proves disappointing

There was plenty of UK data on offer yesterday, although the results weren’t exactly upbeat. Questions continue over the health of the economy, especi

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