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Sterling Extends Losses
BoE rate cut sparks inflation concerns
The Bank of England (BoE) cut interest rates by 25 basis points to 4.5% yesterday, marking the lowest level since
Sterling Extends Losses After BOE Cuts Rates
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t anticipated.
Sterling's Resilience: BoE Rate Cuts and Economic Impact
The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially restored confidence.
2d
Sterling hits one-month high as dollar slides; focus turns to BoE
The pound rose to its highest in a month on Wednesday as the dollar retreated further after surging two days ago on the ...
20h
Pound Sterling Price News and Forecast: GBP gains against USD ahead of US NFP
GBP/USD lost its traction and dropped to a multi-day low below 1.2400 on Thursday following the Bank of England's (BoE) ...
1d
BOE’s Liquidity Drain Is Lifting Key SONIA Rate Again
The UK’s most important market interest rate has been rising for the first time in almost a year, reflecting the Bank of ...
3d
Sterling drops versus euro after biggest daily rise in months, awaits BoE
The pound edged lower against the euro on Tuesday after recording its biggest daily rise in three months a day earlier as ...
18h
Pound Sterling gives up gains against USD after US NFP release
The Pound Sterling falls back to near 1.2400 against the USD after the release of the US NFP data for January.
1d
Sterling drops ahead of Bank of England rate decision
Sterling fell against the dollar on Thursday, on track for its biggest daily drop in about a month, as investors awaited the ...
1d
on MSN
US shares firm as tech earnings loom, BoE cut bruises sterling
U.S. shares held steady after European equities hit a record high, and gold prices were near an all-time peak as investor ...
1d
on MSN
BOE-Fed Divergence Could Hold Back Sterling
Sterling fell against the dollar and its appreciation potential looks limited after the BOE cut rates by 25bp to 4.5%.
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