The Pound Sterling (GBP) ticks lower to near 1.2420 against the US Dollar (USD) in Friday’s European session ahead of the ...
Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...
The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest rates and halved ...
The market dynamics around the Sterling (pound), and especially visible in cable, are unusual and concerning. UK gilt yields (how much interest is paid on government debt) has risen sharply in recent ...
The British Pound Sterling edged lower after slightly weaker-than-expected inflation data, but the impact was limited with hopes that the data would help ease pressure in the bond UK market and ...