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Tag: eurgbp

Sterling will stay under pressure

Sterling gave back early gains against the dollar to trade flat today, back under pressure after British general elections that yielded no clear majority for any party and threatened to […]

Sterling Stayed Subdued

Sterling stayed subdued, hovering below seven month-highs against the dollar as investors awaited further developments in Britain’s suspended election campaign after a suicide bombing rocked the English city of Manchester. […]

Sterling Slips After Manchester Terror Attack

The pound slipped on Tuesday following a suicide bombing attack at an Ariana Grande concert at Manchester Arena, the most deadly attack in the UK in a decade. Police raised […]

PM’s lead falls back after latest poll

Britain’s pound fell back below $1.30 today after a pair of polls over the weekend showing Prime Minister Theresa May’s opinion poll lead falling back into single figures ahead of […]

Pound breaks 1.30 against USD again

Sterling was set for a 1 percent weekly gain versus the dollar today although some investors were calling a top on the British currency, which climbed above $1.30 this week […]

UK Retail Sales Soar in April

British shoppers set aside their concerns about fast-rising inflation following last year’s Brexit vote and unexpectedly stepped up spending at the fastest rate in years, helped by fine weather, official […]

UK Jobs data moves the markets

British pay growth lagged inflation for the first time in two-and-a-half years in early 2017, underscoring the growing Brexit squeeze facing many households, official data showed this morning. Excluding bonuses, […]

Poor day for Sterling on Thursday

Sterling fell to a one-week low against the dollar after the Bank of England’s inflation report showed interest rates were unlikely to rise within the next two years. Although the […]

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