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Category: GBP

Sterling Devalues Due To Fresh Uncertainty

Sterling fell against major currencies this morning, as the prospect of another Scottish independence vote and signs a major merger was unlikely to go through renewed fears about Britain’s future […]

US – Fed To Raise Rates Fairly Soon

Federal Reserve officials have said they may need to raise interest rates “fairly soon” if the economy stays strong, minutes of their meeting show. The first meeting of the Fed […]

Euro Weakens as Le Pen Wins Latest Poll

Sterling rose almost 1 percent against the euro today, to its highest in two months, after another opinion poll showing far-right French presidential candidate Marine Le Pen gaining ground hit […]

Positive Start For Sterling

The pound rose against most major currencies this morning, snapping a three-day fall versus the euro, at the start of another week likely to be dominated by questions about how […]

UK Retail Sales Shock Sterling

Sterling sank by 0.5% on the day against the dollar and Euro this morning after British retail sales racked up their third monthly fall on the trot in January, disappointing […]

Sterling Edges Higher

Sterling gained around half a percent against the dollar this morning, tracking broader moves in major currencies after some caution about the underlying strength of the U.S. economy set in […]

UK Jobs Data Lower Than Forecast

U.K. unemployment declined and a measure of the number of people in work rose to a record, pushing the labor market closer to “full capacity,” according to the statistics office. […]

Pound Edges Up Against Euro

Sterling edged up this morning, extending its winning streak against the euro for a sixth straight day after enjoying a boost from last week’s better-than-expected manufacturing and trade data. The […]

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