Currencies continue to see a bit of a drift overall, as the markets continue to see questions asked of central banks.
The Euro initially tried to rally during the day here on Monday, but has given back those gains.
While still up around 5.40% year-to-date, owing mainly to the dollar downside as opposed to pound strength, GBP/USD has recently fallen to 5-month lows of 1.31400. Later this week, an Office for ...
UK GDP grew by 0.5% in February 2025, exceeding forecasts and showing the strongest growth in 11 months. The US Dollar Index fell significantly, reaching July 2023 lows. GBP/USD broke above the 1.3000 ...
GBP/USD continues to be weighed down by a combination of negative factors. The Fed’s hawkish tilt continues to underpin the USD and act as a headwind. The UK’s fiscal concerns and BoE rate cut bets ...
Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia. She has more than 20 years' experience as a print and digital journalist, including with Australian Associated Press (AAP) and The Sun ...
GBP/USD extends gains as weak US jobless data amplifies expectations for deeper Federal Reserve easing next year. Traders shift focus to upcoming UK GDP and next week’s BoE rate decision, where a 25 ...
The GBP/USD has gained since the U.S Fed’ s interest rate cut announcement on Wednesday. But something curious happened, instead of seeing selling build after the anticipated interest rate cut from ...
Washington, D.C., January 7, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a long 5-year British pound sterling (GBP) benchmark bond due July 2030 ...