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 ...
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.
The GBP/USD exchange rate dropped by 0.75% on Wednesday after the UK published encouraging consumer inflation data.
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 ...
GBP investors are growing increasingly concerned by the slowdown of the UK’s labour market and the knock-on impact this is ...
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.
The dollar weakened ahead of the Federal Reserve’s latest rate decision. Meanwhile, sterling strengthened, but that could change if the BOE signals more rate cuts, Ebury said.
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.
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.
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