Weekly roundup: Pound under pressure thanks to ...
Signs continued to point towards a weakening of the UK economy in October as both the manufacturing and services PMIs fell to multi-month lows, leavin
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Signs continued to point towards a weakening of the UK economy in October as both the manufacturing and services PMIs fell to multi-month lows, leavin
Further weakness could be in store for the euro today as a result of the European Central Bank’s (ECB) October policy meeting.
The pound stumbled in trade on Thursday, with the UK currency coming under fire following some weak retail sales figures on top of some fresh Brexit a
The pound started this week on strong footing, with the currency buoyed by renewed Brexit optimism following reports the UK could compromise on the Ir
While consumer spending strengthened in the second quarter this was not enough to balance out the last decline in UK business investment, leaving the
Even though markets were not surprised by the BoE’s decision to leave interest rates on hold once again this still limited the appeal of the pound.
The pound recorded heavy losses against the majority of its peers last week, striking new multi-month lows as Brexit jitters spooked investors.
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