The Pound Sterling secured net gains against the Euro and Dollar early on Wednesday, but gradually lost support with a significant element of position adjustment ahead of Thursday’s Bank of ...
The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world ...
The Pound Sterling faces pressure against its major peers ahead of the BoE’s monetary policy on Thursday. The BoE is widely anticipated to cut interest rates by 25 bps to 4.5%. Investors await ...
The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this year. Sterling plunged 1.1pc during trading to $1.237 after policymakers ...
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Sterling fell to $1.2370, from $1.2425 just before the decision and was down 1% on the day. It also weakened against the euro to last trade around 83.74 pence compared 83.40 pence earlier.
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