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Category: GBP

Sterling Slips For Second Day

Sterling fell another 0.4 percent this morning after a fall in a closely-watched services sector indicator reawakened concerns over the impact of last year’s Brexit vote on a previously resilient […]

Sterling/Dollar Traded Above 1.27

Sterling rose to trade above $1.27 for the first time in seven weeks against the dollar, as investors awaited a Bank of England quarterly report that is expected to upgrade […]

Sterling Makes Biggest Gains This Morning

Sterling was the biggest gainer among developed-market currencies this morning, hitting a five-week high, as investors bet the Supreme Court would on Tuesday rule the British government needs parliamentary approval […]

PM’s Speech Boosts Sterling

After taking the top spot in the G10 currency space on Tuesday, the pound is the worst performer so far today. After the rapturous reception to Theresa May’s speech, today […]

Sterling Expected To Drop Further Next Week

Sterling slipped yesterday after a spokeswoman said British Prime Minister Theresa May will give a speech next week on her plans for leaving the European Union, which sparked fears that […]

Thursday is key for the Euro

The euro held steady near a 3-week high today while bets on market volatility stayed close to their highest since June’s Brexit vote ahead of this week’s European Central Bank […]

Pound gains across the board this morning

Sterling held firm this morning, having recorded its best month of gains against the dollar since March and its best month against the euro since 2009. This morning the Purchasing […]

Budget drives sterling higher

Sterling surged to a 10-week high against the euro and resisted the dramatic falls against the dollar suffered by other major currencies after a UK budget read as doing more […]

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