The Pound Sterling also felt the heat from a surprise slowdown in the UK services sector in July. The seasonally adjusted S&P Global/CIPS UK Services Purchasing Managers’ Index (PMI) unexpectedly ...

The EUR/GBP cross remains firm around 0.8705 during the early European session on Friday. The Pound Sterling (GBP) weakens ...

The British pound fell to 1.035 against the US dollar yesterday, as traders bet that a sweeping tax-cut plan could fuel inflation and result in more aggressive interest rate hikes by the Bank of ...

A stack of one pound sterling coins in front of the Union Jack. (Hollie Adams/Bloomberg) In 2005, I moved to London to start a new job. Because the relocation was temporary, I was still paid in ...

Pound sterling rose as much as 1.1% to $1.1337 before paring the rise to 0.8%. In the bond market, the yield on the 30-year gilt fell by 10 basis points to 3.82% as prices rose.

The British pound plummeted to a new record low against the U.S. dollar on Monday, after the U.K. government announced the most significant tax cuts in 50 years while boosting spending at the same ...

And by next year, the pound could get close to parity too. The pound-dollar exchange rate could fall to a record low of around $1.05 by mid-2023, Dales warned, down from about $1.15 on Thursday.

Why Is Sterling Selling off Earlier today, the pound dropped against the dollar to $1.1137, the first time the GBP/USD has fallen below the price of $1.14 in almost four decades.

This as Pound Sterling extends gains against the Euro and Dollar with investors focusing on the UK’s solid domestic fundamentals and simmering EU-U.S. trade war risks. The Pound to Euro exchange rate ...

The pound is having a good year against the dollar and the euro. But it is against the Japanese yen where things look most promising. And this trend could go on for years, says Dominic Frisby.