Sterling struggles on Brexit news, but GBP/CAD jumps
The pound remained under pressure on Wednesday as the Irish border issue rumbled on and reports of a split in Theresa May’s cabinet emerged.
Pound struggles after ‘Super Thursday’ tumble
Yesterday’s Bank of England (BoE) ‘Super Thursday’ was anything but (although it was still a Thursday).
Pound soft as consumer optimism slides
UK retail data yesterday gave the pound a boost after suggesting consumer spending was weathering the storm of strong inflation and weak wage growth.
Weekly roundup: US dollar struggles on ...
The US dollar had a rather underwhelming few days thanks to a lack of data.
Weekly roundup: US dollar flounders after US ...
Markets had been eagerly awaiting speeches from Janet Yellen, but the Federal Reserve Chair disappointed with a more cautious outlook on inflation tha
GBP struggling before UK services data
While the pound managed to stand firm against the euro on Tuesday, the currency’s performance against the other majors was less impressive.
Weekly roundup: concerns over Trump bring the ...
While the pound climbed last week, the US dollar was pressured lower – resulting in the USD/GBP exchange rate sliding from £0.7867 to £0.7675.
