Pound fluctuates in uneven trade
Trade in the pound was mixed on Monday as a result of bearish trading conditions and revived Brexit uncertainty.
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Trade in the pound was mixed on Monday as a result of bearish trading conditions and revived Brexit uncertainty.
The Australian dollar got off to a strong start last week after the Reserve Bank of Australia (RBA) surprised markets with a 25bps rate hike, versus t
The euro stumbled out of the gates last week, with demand for the single currency being curtailed by weaker-than-expected Eurozone economic sentiment
The pound suffered its worst week of trade since the start of the Covid pandemic last week.
The US dollar trended higher on Friday, with the appeal of the safe-haven currency being buoyed by risk-off flows.
The pound tumbled on Thursday, with a sharp selloff being triggered by the Bank of England’s (BoE) latest economic forecasts.
The US dollar retreated on Wednesday as markets reacted to the Federal Reserve’s latest interest rate decision.
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