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Chancellor Hammond gave an upbeat spring statement this week and the pound enjoyed some of its best levels against the euro and the dollar in six months. In his statement, he reassured parliament...

At the end of last week, PM Theresa May gave a speech which acknowledged that trade with the EU will become more difficult, the ECJ will continue to have a say on certain matters and some freedom...

Last week the pound strengthened by an average of 0.5% against the other dozen most actively-traded currencies. The main focus for sterling was Brexit, and whether the government could come up...

The end of last week didn’t bring much good news for sterling. UK retail sales in January were up by 0.1% from December and 1.6% more than in the same month last year. But were on average lower...

The pound was off to a poor start at the beginning of this week, particularly given the Bank of England’s guidance last week that the UK interest rates would rise sooner and further than...

Early in the week, the media made much of the fact that sterling was at its highest level against the US dollar since the EU referendum in June 2016. However, it remains down by a net 7% against...

Theresa May’s Cabinet reshuffle could have had a big impact on the pound this week but in the end the results, which showed no major changes in key posts or in the Brexit department, meant that...

The pound started the year by putting its best foot forward, strengthening by an average of 0.6%, adding a third of a euro cent and nearly one US cent on the first day of trading in 2018. This...

After enjoying the after effects of an agreement on the Brexit divorce bill last week, the pound found itself on shakier ground this week. David Davis’ comments that the deal would be “Canada plus...

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