The Brexit story and the tribulations of Britain's prime minister more than once dragged down the euro in sterling's wake...
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Over the last month sterling has kept pace with the Norwegian krone. That is the good news. Sadly, over the last month, week and day it has lost ground to every other one of the ten most actively-traded currencies.
If there is any surprise about what happened on Friday in the FX market is that, mostly, it didn't. The Australian and NZ dollars strengthened together by about 0.9% and the rand was up by 0.3%.
Although sterling was Monday’s top-performing major currency, it was the US dollar that won out over the three-day bank holiday weekend...
The early signs this morning were that sterling was taking it well but between now and tomorrow's vote a lot of water must pass under the bridge.
Two years and nearly five months after Britain voted to leave the EU the government has come up with the draft of a plan to execute the decision.
In a stunning turnaround the pound went from Tuesday's dud to Wednesday's champion. Two days ago it was scuppered by adverse Brexit-related news
Investors rethought their initially negative reaction to the US midterm election result on Wednesday and the US dollar's retreat came to a halt mid-morning
Monday’s inflation scare continued through Tuesday, with further losses for equities...
When the bar is set low, the avoidance of defeat can be claimed as success. So it was for sterling on Tuesday.