UK Pound

Sterling endures high volatility after reports suggest Britain's Brexit bill could cost €100bn.

Sterling shrugs off report showing UK economy grows 0.3% in the first quarter of the year.

Dollar gains ground as investors shrug off disappointment over Donald Trump's tax reforms.

US President due to announce a major tax overhaul which could see corporation tax slashed from 35% to 15%.

Euro remains on the front foot as investors expect Macron to secure French presidency next month.

Euro falls from three-week high as investors remain cautious ahead of Sunday's presidential elections in France.

Retail sales fall 1.4% in the first quarter, the third consecutive decline and the biggest drop since early 2010.

Analysts warn Sunday's election could destabilise the currency, despite recent gains.

US president warns dollar's ongoing strength could hurt the US economy in the long-term.

UK unemployment rate remains steady at record-low 4.7%, driving pound to highest level since February.

Sterling shrugs off last week's decline to edge higher against euro and dollar.

Euro hits month low against the dollar after Mario Draghi rules out short-term interest rates hike

South African rand plunges 5% against the dollar after President Jacob Zuma reshuffles its cabinet.

Dollar edges higher after positive GDP data, while euro remains under pressure ahead of French elections.

Dollar sinks as investors grow doubtful over Donald Trump's ability to push through his policies.

Other prominent retailers with disheartening reports include Brantano and Next.

Most businesses in the UK said that due to a weaker sterling profit margins would decline.

Sterling briefly climbs above $1.23 as Prime Minister confirms Britain will leave single market.

Air fares and food among the main contributors to rise in inflation says Office for National Statistics.

Pound plummets against the dollar ahead of Theresa May's Brexit speech.

The markets are also awaiting policy pointers after Donald Trump's inauguration as US president.

Dollar index on track to lose 1% this week as investors unimpressed by lack of details over promised fiscal stimulus.

Sterling drops below $1.21 for the first time since late October as dollar surges ahead of Donald Trump's press conference

Pound drops to lowest level since 10 November as investors fret over Theresa May's Brexit strategy.

Pound drops below $1.22 after Theresa May hints Britain will leave the EU single market.

US economy adds less jobs than expected but rising wages see dollar rally against its main rivals.

BCC said the fall in the value of the pound helped offset the uncertainty caused by the Brexit vote.

Pound climbs above €1.18 for the first time in 10 days after better-than-expected manufacturing data.

The rise is linked to a weak pound and the cyclical upswing across commodity markets.

The pound slumped and dollar spiked over 2016, so what can we expect from forex markets over the next 12 months?