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No-deal Brexit speculation leaves GBP drifting lower

Weaker UK mortgage approvals data limited the appeal of the pound yesterday, with the result indicating an increased level of caution within the domes

Pound looks to rally on resilient UK ...

Worries over the economic impact of Brexit-based uncertainty could gain a boost this morning if the UK manufacturing PMI eases on the month.

Higher level of UK consumer credit may lift ...

After UK car production data saw a -44.5% contraction on the year in April the pound came under further pressure, remaining on a weaker footing agains

Fresh Eurozone manufacturing contraction set ...

Demand for the euro may diminish once again this morning if May’s Eurozone manufacturing and services PMIs point towards a continued loss of economic

Could further Brexit turmoil weigh on ...

At the end of last week the US dollar rose as risk-appetite continued to diminish due to trade tensions between the United States and China.

Could euro lose further ground on ECB ...

Given recent evidence of weakness within the German manufacturing sector investors have seen limited incentive to favour the euro over its rivals.

Euro to recover ground on improved Eurozone ...

The mood towards the euro could improve this morning if April’s Eurozone business confidence shows a fresh uptick on the month.

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