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Currency news

Pound weakens despite more confident BoE interest rate ...

The Bank of England (BoE) seemed more upbeat yesterday over the outlook for monetary policy, but the pound was having none of it and continued to weak

Pound rises on reports of UK single market ...

The pound was boosted yesterday following a report in Business Insider stating that the European Parliament may be prepared to grant the UK some form

Friday’s poor UK retail sales continue to ...

With nothing else to focus on yesterday, markets continued to sell the pound in response to Friday’s gloomy retail figures.

Weekly roundup: Euro bolstered by robust data

The euro put in another strong performance last week, in particular against the US dollar, hitting a new multi-year high.

Weak UK retail sales undermine pound

Poor retail sales figures weakened the pound on Friday and left questions hanging over the outlook for the UK economy.

Pound mixed as US inflation data panics stock ...

The pound was on mixed form yesterday, with what was meant to be a unifying speech from Foreign Secretary Boris Johnson on Brexit changing little rega

Strong UK inflation data boosts pound on ...

The odds of a UK interest rate hike this year were boosted by strong inflation data yesterday, pushing GBP higher.

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