Trade in the pound (GBP) was mostly positive on Wednesday, as it drew support from comments by Bank of England (BoE) policymaker Catherine Mann. Mann warned of upward risks to UK inflation and ...
The pound (GBP) stumbled at the start of yesterday’s session after the UK unemployment rate leapt from 4% to 4.3%, higher than the forecast 4.1%. Above-forecast wage growth cushioned GBP from steeper ...
The pound (GBP) opened this week on the defensive amid uncertainty over the impact Donald Trump’s economic policies will have on UK growth. Trump’s tariffs threaten to slow UK GDP in the coming years, ...
The UK’s latest GDP figures will be the primary focus for GBP investors this week. Expect to see the pound (GBP) falter if they report economic growth slowed in the third quarter. Germany’s latest ZEW ...
The pound (GBP) traded without a strong directional bias on Friday as GBP investors continued to digest the Bank of England’s (BoE) interest rate decision on Thursday. Sterling also appeared unmoved ...
The pound (GBP) trended broadly higher on Thursday, following the Bank of England’s (BoE) latest interest rate decision. While the BoE delivered its second rate cut of the year, this had already been ...
The pound US dollar (GBP/USD) exchange rate is wavering today, with the pairing posting very modest losses so far, as a mixed mood prevails in the wake of the recent UK and US interest rate decisions.
The pound (GBP) slumped yesterday as Trump’s election victory raised fears about the UK’s economic outlook. Analysts believe that a Trump presidency could hurt UK growth while also driving up ...
The pound US dollar (GBP/USD) exchange rate is gaining ground this morning as an upbeat market mood is supporting the currency pairing ahead of the Bank of England’s (BoE) and the Federal Reserve’s ...
Daily updates on how key currencies are performing in the currency markets.
The pound US dollar (GBP/USD) exchange rate has collapsed this morning amid the final stages of the US election. At the time of writing, GBP/USD is trading at around $1.2911, down over 1% from this ...
The pound (GBP) was mixed yesterday as markets largely ignored an upward revision to the UK’s final services PMI. With the Bank of England (BoE) interest rate decision looming, GBP investors were ...