Pound looks to rally on resilient UK manufacturing ...
Worries over the economic impact of Brexit-based uncertainty could gain a boost this morning if the UK manufacturing PMI eases on the month.
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Worries over the economic impact of Brexit-based uncertainty could gain a boost this morning if the UK manufacturing PMI eases on the month.
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
Political uncertainty looks set to dominate the mood towards the pound for another day as markets continue to weigh up the odds of a hard-line Brexite
As the fallout from the European Parliament elections and Theresa May’s resignation continues the pound could struggle to find much in the way of trac
The pound is unlikely to find any support this morning as forecasts point towards retail sales excluding auto fuel contracting on the month in April.
Hopes of a potential breakthrough on Brexit saw the pound trending sharply higher across the board yesterday as Theresa May offered concessions to MPs
On Monday, the US dollar slipped against a handful of currencies as the Chicago Fed National Activity Index slipped close to a three year low of -0.45
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