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Currency news

Weekly roundup: Political deadlock diminishes US ...

After the Democrats gained control of the House of Representatives in the midterm elections the US dollar came under fresh pressure due to the prospec

Weekly roundup: Lower European Commission ...

As the European Commission lowered its growth forecasts this left the euro on a weaker footing against its rivals, with the currency union looking inc

Weekly roundup: Pound trends lower as UK ...

Confidence in the outlook of the UK economy continued to deteriorate in the wake of underwhelming gross domestic product data and the latest Brexit de

Pound exchange rates dented by transport ...

The pound tumbled on Friday as the departure of another cabinet member dented confidence in Theresa May’s ability to deliver a Brexit deal.

Pound US dollar exchange rate stumbles as Fed ...

The pound weakened on Thursday, with the UK currency facing particularly fierce competition from the US dollar following the Federal Reserve’s latest

Pound US dollar exchange rate buoyed as split ...

The pound continued to press higher against the US dollar yesterday, as the fallout from the US mid-terms left the ‘greenback’ on the defensive.

Pound US dollar exchange rate passes $1.31 as ...

The pound punched higher in trade on Wednesday, making particularly strong gains against the US dollar as the US midterm elections got underway.

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