Sterling was up versus the dollar but could fall to $1.20 in 1Q from $1.2581 currently if the U.K.’s weaker growth outlook prompts traders to price in more BOE rate cuts.
Sterling edged down versus the euro and was unchanged against the dollar as investors awaited economic data on both sides of ...
Sterling rose to its strongest level against the dollar this year on Friday, after UK GDP data earlier this week sweetened ...
Sterling could extend its losses if Bank of England official Catherine Mann argues further in favor of cutting interest rates more aggressively in a 0845 GMT speech, ING said.
The Pound Sterling (GBP) trades with caution against its major peers on Friday. The British currency struggles for a firm footing as investors are concerned over the United Kingdom's (UK) economic ...
Sterling slightly declined against the euro while remaining steady against the dollar, as investors await economic data and a speech from Bank of England Governor Andrew Bailey. Policy shifts and ...
The pound maintained stability against the euro and dollar despite global tariff volatility. Key focus is on Bank of ...
Following a hot January US Consumer Price Index (CPI) data, the Producer Price Index (PPI) also surprised markets to the ...
Thursday brought a challenging outlook for UK assets as the Bank of England (BoE) presented a set of forecasts that painted a ...
U.S. shares held steady after European equities hit a record high, and gold prices were near an all-time peak as investor ...
GBP/NZD dropped sharply on Thursday as a dovish Bank of England rate cut heightened expectations of further cuts. The BoE cut ...
The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as ...