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Currency news

Pound exchange rates slump as Brexit concerns continue ...

The pound opened this week’s session on the back foot, with ongoing Brexit concerns once again dampening demand for the UK currency.

Weekly Roundup: Australian and New Zealand ...

After a meeting at the G20 summit saw the US and China step back from a further escalation of trade tensions this encouraged the risk-sensitive Austra

Weekly Roundup: Increased Federal Reserve ...

Federal Reserve policymakers adopted a less optimistic tone in recent comments, suggesting that monetary policy is likely to see a slower pace of tigh

Weekly Roundup: Easing Eurozone inflation ...

In a fresh blow for the euro November’s Eurozone consumer price index slowed from 2.2% to 2.0%, falling back in line with the European Central Bank’s

Weekly Roundup: Improved UK manufacturing PMI ...

While the UK manufacturing PMI jumped from 51.1 to 53.1 in November this failed to encourage support for the pound, with the improvement purely driven

Pound steadies as May hints at second Brexit ...

The pound steadied at the end of last week following reports Theresa May remained open to a second parliamentary vote on her Brexit deal if the first

Pound exchange rates weakened as Carney warns ...

The recent downtrend in the pound continued yesterday as Mark Carney warned that many UK businesses are not ready for a disruptive Brexit.

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