Sterling feeds on peculiarly high BoE 'terminal rate'
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect. But it's far from clear why the UK government or the Bank of England want a rising pound right now.
Pound Sterling strengthens on BoE’s less-dovish rate cut bets
The Pound Sterling (GBP) gains further against its major peers on Tuesday. The British currency strengthens as investors expect that the Bank of England’s (BoE) policy-easing cycle would be shallower than other central banks from Group of Seven (G-7) nations.
The Federal Reserve interest rate cut boosted the Pound, but HSBC is sceptical that GBP/USD gains are sustainable, especially ...
The bullish potential remained intact for the GBP/USD pair, as the Pound Sterling capitalized on the monetary policy ...
The Wall Street banking giant predicts that sterling will strengthen to $1.40 within 12 months, up from its current level of ...
The Pound to Dollar (GBP/USD) exchange rate found support just above 1.3250 and rebounded quickly to a fresh 30-month high ...
The pound has hit its highest level in over two years this morning, as investors bet that the Bank of England will cut ...
2-Year U.S. Treasury Note Continuous Contract $104.281-0.070-0.07% 5-Year U.S. Treasury Note Continuous Contract $110.109-0.219-0.20% 10-Year U.S. Treasury Note Continuous Contract $114.500-0.344-0.30 ...
The pound’s peer-beating rally got a fresh spur this week, but strategists from J.P. Morgan Private Bank, State Street Global ...
Both actions were expected, but the former struck a surprisingly hawkish tone as it stressed the need for "gradual" easing, while the latter opted for a hefty 50 basis point reduction, as it ...
International Money Transfer? Ask our resident FX expert a money transfer question or try John's new, free, no-obligation ...
Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business activity readings ...
Goldman Sachs forecasts the pound will hit $1.40 by next year, bolstered by UK growth and a measured reduction in interest ...
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