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Pound extends losses after UK inflation unchanged

The British pound continues to lose ground on Wednesday. In the European session, GBP/USD is trading at 1.2546, down 0.35%. UK inflation holds steady at 4.0%

GBP/USD dips as retail sales slide

UK retail sales slide 3.2% in December GBP/USD edges lower The British pound has weakened slightly on Friday. In the European session, GBP/USD is trading

GBP/USD eyes UK wage growth

UK wage growth expected to drop to 6.8% UK GDP rises 0.3%, but risk of recession remains The British pound has started the week with slight losses. In the

GBP/USD yawns after strong UK GDP

UK GDP rebounds to 0.3%, but economy remains weak US inflation hotter than expected at 3.4% The British pound is showing limited movement on Friday. In th

European Stocks Close Higher

European stocks closed higher on Friday, lifted by data showing stronger then expected UK economic growth, and dovish comments from European Central Bank President Christine Lagarde who said the central bank will start lowering rates once inflation heads back to the 2% goal.

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