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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.

Pound fluctuating before UK growth figures

The pound was putting in a mixed performance ahead of the UK’s Q2 growth data.

Sterling rises from lows despite IMF cutting ...

Poor growth forecasts for the UK weren’t enough to stop GBP from rising against many of its peers yesterday.

Weekly roundup: US dollar struggles on ...

The US dollar had a rather underwhelming few days thanks to a lack of data.

Falling UK inflation sends GBP exchange rates ...

A surprising result from the UK’s latest inflation report left the pound tumbling against the majors on Tuesday.

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 exchange rates recover from worst levels

The pound was able to firm against several of the majors on Thursday thanks to yet another comment from a Bank of England (BoE) official.

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