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Faltering UK retail sales weaken pound

The mood towards the pound soured in the wake of a disappointing set of UK retail sales figures.

Falling UK inflation inspires fresh pound ...

October’s UK consumer price index proved weaker than forecast yesterday, with the headline inflation rate dipping from 1.7% to 1.5% on the year.

Will the ECB decision extend euro losses?

With Boris Johnson’s proposed Brexit withdrawal agreement on ‘pause’ the odds of a fresh delay to the Brexit deadline increased.

Rising odds of Brexit delay fuel pound losses

The pound was left reeling on Tuesday after MPs rejected Boris Johnson’s attempts to fast-track the Withdrawal Agreement bill through parliament.

Pound hits fresh highs, can GBP’s gains ...

While Boris Johnson’s Brexit plan failed to get over the finish line on Saturday the pound still found cause for confidence at the start of the week.

Lack of Brexit resolution adds to pound losses

After Boris Johnson was forced to seek a three-month extension to the Brexit deadline the pound remained under pressure.

Pound surges higher on hopes of Brexit ...

Frenzied speculation over the possibility of an imminent breakthrough on Brexit saw the pound surge yesterday.

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