The new week kicks off with market focus turning to the release of the IHS Markit and the CIPS Services PMI.
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The pound surged on Thursday after Manufacturing PMI came out well above expectations in August, easily beating the 49.0 forecast, and revealing yet more underlying resilience in the UK economy pos…
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The rally in Pound Sterling against its major counterparts has offered welcome relief to those with outstanding international payments, but we are told not to expect the trend to continue.
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Mid-week trade sees Pound Sterling continue to hold recent gains but analysts warn of the potential for a break lower.
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Pound Sterling is in a holding pattern against its key competitors but expect further losses over coming weeks warns a prominent FX analyst.
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Despite Swedish shoppers reigning in their spending in July, the Krona gained ground versus sterling on Monday as the outlook for the pound gained a reality check.
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The rupee was gaining ground on Monday after markets continued to price in a more positive currency climate in light of the appointment of Dr Urjit Patel as the new governor of the Reserve Bank of …
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