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Pound slumps as BoE outlook shifts towards rate cut

Comments from Bank of England (BoE) policymaker Michael Saunders prompted the pound to trend sharply lower ahead of the weekend.

Departure of ECB hawk fuels euro decline

The surprise announcement of European Central Bank (ECB) policymaker Sabine Lautenschläger’s early resignation weighed heavily on the euro.

Pound dips as Johnson calls for a general ...

The pound edged lower yesterday as parliament reconvened and PM Boris Johnson challenged opposition MPs to call a confidence vote in his government.

Supreme court verdict fuels pound recovery as ...

The supreme court’s ruling that the proroguing of parliament was unlawful encouraged the pound to push higher across the board yesterday.

Growing risk of German recession dents euro

September’s raft of Eurozone manufacturing and services PMIs failed to offer the euro any cause for confidence yesterday.

Weekly Roundup: Lack of Brexit progress ...

Hopes for a mutually agreeable Brexit deal waned following Downing Street’s demand that its new proposals not be shared with officials beyond the EU n

Will the pound stumble this week?

GBP exchange rates slipped ahead of the weekend as Brexit talks showed signs of breaking down.

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