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Daily Update Daily updates on how key currencies are performing in the currency markets.
Pound (GBP) slips as UK fiscal concerns mount The pound (GBP) edged lower at the end of last week as renewed worries about the UK’s economic outlook weighed on investor sentiment. A warning from ...
Pound (GBP) dips as real incomes decline The pound (GBP) weakened at the start of this week, despite confirmation that the UK economy was the fastest-growing economy in the G7 in the first quarter.
US dollar (USD) A key focus for USD investors this week will be the latest US payroll figures. Economists forecast the number of jobs added last month will have fallen again, which could see the US ...
The euro (EUR) found support on Friday amid speculation that a trade deal between the EU and US may be close. This optimism helped the single currency shrug off a weaker-than-expected Eurozone ...
US dollar (USD) slumps on Fed uncertainty The US dollar dropped to a new three-year low on Thursday amid concerns over the future independence of the Federal Reserve, as reports that Donald Trump may ...
However, the greenback slipped after reports emerged that US President Donald Trump may announce his preferred candidate for Federal Reserve Chair earlier than expected, with USD investors raising ...
The pound (GBP) strengthened against its safer rivals yesterday thanks to Sterling’s increasingly risk-sensitive nature, with markets cheered by the Israel-Iran ceasefire agreement. GBP was also ...
The pound (GBP) advanced on Monday amid a broadly positive response to the UK’s new industrial strategy. Hopes that measures such as reduced energy costs and expanded training initiatives could boost ...
Following a small bump in the pound (GBP) from the UK’s latest PMI figures, GBP investors will look to comments by Bank of England (BoE) Governor Andrew Bailey for fresh impetus this week. If he ...
Pound (GBP) mixed following dire sales The pound (GBP) initially ticked higher on Friday, despite some dire retail data from the UK. British sales slumped 2.7% in May, far worse than the forecast 0.5% ...
Pound (GBP) supported by BoE rate decision The pound (GBP) gained ground yesterday as markets responded to the Bank of England’s (BoE) interest rate decision. The BoE held rates steady, as expected, ...
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