Strong jobs data lifts US dollar, euro slides
The pound struggled to find momentum mid-week in light of renewed Brexit uncertainty.
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The pound struggled to find momentum mid-week in light of renewed Brexit uncertainty.
A downgraded UK construction PMI offered the pound little in the way of encouragement on Friday as the sector fell deeper into contraction.
The pound was put on the defensive at the start of 2020 amid renewed Brexit jitters.
The pound trended higher on New Year’s Eve, bolstered by hopes that a notable bump in minimum wage will help to boost growth in the UK this year.
An unexpected uptick in UK mortgage approvals encouraged the pound to hold onto its positive footing at the start of the week.
A temporary lull in political developments encouraged the pound to push higher ahead of the weekend, with the currency benefiting as market anxiety ov
At the start of the week, the US dollar was able to rise to a three-week high against a Brexit-battered Pound as trade optimism increased. Beijing ann
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