Looking forward, the Bank of England interest rate decision is in the spotlight for GBP investors on Thursday, with a widely ...
The British pound declined in value against the euro and dollar after the UK reported inflation fell in November, while ...
On Thursday, the GBP/USD exchange rate slipped to approximately 1.3365 during the early European trading session, as the ...
The Pound to Euro exchange rate ( GBP/EUR) traded at 1.13722 (-0.48%) and the Pound to Dollar exchange rate (GBP/USD) at ...
The pound to dollar exchange rate (GBP/USD) can retreat further in the coming week, but the pullback should be shallow.
Weighed down by the UK’s increasingly bleak economic outlook, sterling felt the full impact of the dollar’s resurgence in August. There was no nice summer holiday for the UK’s currency in August. The ...
The GBP/USD exchange rate dropped by 0.75% on Wednesday after the UK published encouraging consumer inflation data.
The WSJ Dollar Index rose 0.1%, snapping a two-trading-day losing streak. The WSJ Dollar Index fell 0.2% — down for two straight trading days.
1251 GMT – Sterling remains vulnerable against the euro and other non-dollar G-7 currencies in view of the U.K.’s fiscal challenges, Validus Risk Management’s Marc Cogliatti says in a note. U.K.
Sterling fell against the Aussie dollar and has scope to weaken against the currency on the prospect of further BOE rate cuts while the RBA has potentially finished lowering rates, SocGen said.
One-month forward Gilt rates peaked at 6.16% this week, compared to 6.25% the previous week. The 2-year/10-year United Kingdom Gilt spread closed the week at 0.304%, compared to 0.316% one week prior.