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United Kingdom

Foreign Exchange Analysis Headlines

Euro soars on strong economic growth in Germany

The euro rose to a 2-1/2 week high against the U.S. dollar on Tuesday and was on track for its largest percentage gain in more than four months, after data showed Germany's economy shifted into a higher gear in the third quarter.

Sterling falls on worries over May's staying power

Sterling fell against the dollar and euro on Monday as investors worried about Theresa May's ability to stay on as British prime minister and get what they consider to be a good exit deal from the European Union.

Sterling climbs as political risks ease

Sterling closed the week on firmer ground, climbing around half a percent against the dollar on Friday as better-than-expected data on British industry and rising confidence in the progress of Brexit talks supported the currency.

Sterling edges higher after upbeat UK data

Sterling edged up to the day's highs after British industrial and manufacturing output printed above forecasts on Friday, though stocks and bonds remained in a narrow range.