Pound increases by 2021 Budget
The pound struck higher last week, being bolstered by economic optimism following the publication of the UK’s 2021 Budget. At [...]
sterling
Pound capped by Brexit uncertainty as vaccine optimism grows
Weaker-than-expected monthly UK GDP reading left the pound on a weaker footing against its rivals. ECB looks set to enact fresh monetary loosening measures
Pound hits two-month high amid vaccine optimism
The pound strengthened as coronavirus vaccine hopes, Brexit optimism and fading chances of negative interest rates boosted Sterling.
Pound rocked by Brexit woes
US dollar rebounds from two-week low amid growth concerns The pound fluctuated through last week’s session, experiencing volatility in response
Pound could stumble after growth data
Sterling was pressured lower after Chancellor Rishi Sunak signalled that there wouldn’t be an extension to the government’s furlough scheme.
euro continues to 20 month high
Meanwhile, the euro surged on optimism of the EU’s recovery fund and benefited from weakness in the US dollar to hit a 20-month high.
Pound rallies from three-month low
The pound struck higher through last week's session, rallying from a three-month low against the euro in response to an
Pound nosedives following BoE stimulus announcement
pound nosedives after some heavy selling pressure through last week, with demand for the UK currency collapsing after Bank of England’s latest stimulus
UK economy contraction
Confirmation that the UK economy experienced a significant contraction in the first quarter left the pound on a weaker footing
The Pound fluctuates with news of retail sales figure
A smaller than expected decline from the British Retail Consortium for retail sales figure was not enough to keep the pound from edging lower