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The release of the UK’s latest PMIs will be the primary focus for GBP investors this week. If April’s preliminary figures report growth in the vital services sector remains resilient, the pound (GBP) ...
The pound (GBP) was mixed on Wednesday, with Sterling dropping against its stronger peers following the UK’s PMIs. The surveys showed a shock contraction in British service sector activity this month, ...
The pound (GBP) trended higher against its weaker rivals on Thursday, with a slight improvement in the market mood helping to lift the increasingly risk-sensitive currency. However, a lack of UK ...
After a sluggish start to the day yesterday, the pound (GBP) then managed to gain ground in the evening. The increasingly risk-sensitive currency was lifted by an improving market mood, while hopes ...
The pound (GBP) rose against its safer rivals yesterday thanks to a risk-on mood and optimism around a UK-US trade deal. However, GBP’s upside potential was capped by cooler-than-forecast wage growth ...
The pound (GBP) weakened on Wednesday after UK inflation data fell short of expectations. The latest consumer price index showed inflation easing from 2.8% to 2.6% in March, marking a three-month low ...
The pound (GBP) edged higher yesterday as the uplift in global risk appetite helped buoy the currency. Adding to Sterling’s gains was renewed speculation that the UK may be nearing a breakthrough in ...
The British consumer price index for March is due out on Wednesday morning, with the pound (GBP) poised to fall if cooling UK inflation boosts bets on a May interest rate cut from the Bank of England ...
GBP investors will be kept on their toes this week with the publication of the UK’s latest inflation and employment figures. The pound (GBP) may drop if these reinforce expectations for a Bank of ...
The pound (GBP) closed on a positive note last week following the release of encouraging UK GDP data, which showed the economy expanded by 0.5% in February. Despite the headline growth, analysts ...
Daily updates on how key currencies are performing in the currency markets.
The pound (GBP) opened this week on the defensive amid fresh concerns that a UK-US trade deal may be slipping further out of reach. While the UK continues to push for tariff exemptions, speculation is ...
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