Sterling strengthened slightly against the dollar but could fall if any potential deal to end the Ukraine-Russia conflict resulted in more aggressive BOE interest-rate cuts.
Market Roundup US Core PPI (MoM) (Jan) 0.3%, 0.3% forecast, 0.4% previous US Core PPI (YoY) (Jan) 3.6%, 3.3% forecast, 3.7% previous US Initial Jobless Claims 213K, 217K forecast, 220K previous US ...
Sterling slightly declined against the euro while remaining steady against the dollar, as investors await economic data and a speech from Bank of England Governor Andrew Bailey. Policy shifts and ...
Sterling edged down versus the euro and was unchanged against the dollar as investors awaited economic data on both sides of ...
Sterling could extend its losses if Bank of England official Catherine Mann argues further in favor of cutting interest rates more aggressively in a 0845 GMT speech, ING said.
NEW YORK >> The dollar rose in choppy trading today after data showed that U.S. job growth slowed in January but that the ...
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 ...
GBP/NZD dropped sharply on Thursday as a dovish Bank of England rate cut heightened expectations of further cuts. The BoE cut ...
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The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely ...
NEW YORK/GDANSK >> The yen touched an eight-week high versus the dollar today after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of ...
The rate cut initially put sterling under pressure although it rallied from lows. The pound was quoted lower at USD1.2444 at the London equities close on Thursday, compared to USD1.2513 at the close ...
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