Sterling was set for its biggest one-day fall since early January on Thursday, after the Bank of England (BoE) cut interest ...
The pound edged lower against the euro on Tuesday after recording its biggest daily rise in three months a day earlier as ...
Pound sterling fell sharply at the start of the year as a combination of weak economic data and divergent bets on the path of interest rates across the Atlantic contributed to a sell-off.
The Pound Sterling moves higher against its major peers despite deepening risks of stagflation in the UK economy. UK gilt yields tumble on firm BoE dovish bets. The risk-premium in the US Dollar ...
The Pound Sterling hit three-week highs above 1.2500 versus the US Dollar, then corrected. GBP/USD braces for the BoE rate call and US labor data for further trading impetus. A Bear Cross paused ...
The poor performance of the pound has continued its streak as the worst performing currency in the G10. “Sterling continues to trade on a soft footing and its losses could extend this week ...
“On one side, you have very limited pricing in of Bank of England cuts, while the fiscal concerns are also sterling negative.” The pound slumped on Monday, extending last week’s declines ...
ING was less concerned over the Pound; “Sterling has started to sell off, but further weakness should be limited – since this is not a sovereign crisis.” US bond yields also edged higher ...