The pound (GBP) was largely directionless on Tuesday, as a lack of UK economic data left investors without a clear catalyst. That said, the risk-sensitive currency avoided heavier losses thanks to a ...

The pound (GBP) softened yesterday as the absence of fresh UK economic data left investors to dwell on gloomy domestic reports. Headlines highlighting a tough environment for British businesses – ...

Easing UK fiscal jitters helped the pound (GBP) to strengthen yesterday, clawing back some of the ground lost at the end of last week. Sterling sentiment was buoyed by Chancellor Rachel Reeves, who ...

The pound (GBP) ended last week under pressure after a sharp rise in UK government borrowing overshadowed upbeat retail sales data. Public sector borrowing climbed close to £18bn in August, fuelling ...

As expected, the BoE opted to keep rates unchanged, though Sterling came under pressure after Governor Andrew Bailey signalled the bank is not finished with its current rate-cutting cycle. This ...

The pound (GBP) ended last week under pressure after the UK’s latest GDP figures showed the economy flatlined in July. News of stagnant growth at the start of the third quarter weighed on Sterling, ...

The pound (GBP) came under pressure yesterday as a fresh jump in UK bond yields reignited worries over the government’s upcoming autumn budget. The move in yields was sparked by a minor reshuffle in ...

The only GBP data of note this week will be the UK’s latest retail sales figures, which could put pressure on the pound (GBP) on Friday if they show that consumer spending softened in July. The euro ...

The pound (GBP) came under pressure yesterday, even though UK borrowing figures beat expectations and the services PMI delivered an upside surprise. The robust performance in the services sector ...

The pound (GBP) was subdued yesterday as stronger bond prices reignited concerns over the UK’s fiscal outlook. Speculation continues to build over which tax measures Chancellor Rachel Reeves might ...

The pound (GBP) was directionless in yesterday’s session, with recent Sterling strength fading amid a lack of fresh UK data. This pause comes after strong gains earlier in August, as upbeat UK ...

The pound (GBP) advanced on Thursday, with support stemming from hawkish Bank of England (BoE) interest rate expectations. Sterling also benefited from the relative weakness of most of its currency ...