Confidence in the underlying health of the UK economy weakened
An unexpected deterioration from the UK services PMI left the pound on a weaker footing as worries over the fourth quarter growth outlook mounted.
Budget
ECB action fails to hold down euro
The pound (GBP) failed to cling onto its monthly high as hopes for a potential Brexit extension dwindled. Although the
The central bank outlook weighs on pound, euro, US dollar
The outlook of several major central banks turned more dovish last week, with the odds of the Bank of England
Expectation of extended term for BoE governor benefits pound
The pound got a strong boost against its rivals when Bank of England (BoE) Governor Mark Carney confirmed that talks
GBP rebounds despite chaos in Downing Street
Markets will be looking for economically-friendly policies from the Budget on Wednesday. The pound could fall if Hammond continues to cut spending