The Pound US Dollar ( GBP/USD) exchange rate slumped to its lowest level since mid-December on Monday as escalating conflict in the Middle East triggered a flight to safety. However, GBP/USD was able ...
The Pound to Euro (GBP/EUR) exchange rate was left to trade sideways at the start of this week as the joint US-Israeli strikes on Iran dominated market sentiment. The Pound (GBP) traded cautiously on ...
In response to widespread airstrikes, which killed Iran's Supreme Leader Ayatollah Ali Khamenei, Tehran fired missiles at neighbouring Gulf states. Meanwhile, traffic in the Strait of Hormuz – a vital ...
Rising energy costs can, in theory, keep inflation pressures elevated and reduce the room for rapid Bank of England easing, but it can also weaken the growth outlook and damage risk sentiment, leaving ...
The Pound to Australian Dollar ( GBP/AUD) exchange rate struck its worst levels since mid-2024 last week, amid increasingly ...
The Pound Euro ( GBP/EUR) exchange rate rose through the first half of last week’s session before slumping to a two-month low in the latter part of the week as Labour came third in a key by-election.
There was, however, a modest counterbalance to the political jitters, thanks to remarks from Bank of England (BoE) Governor Andrew Bailey, in which he suggested March’s policy decision ‘genuinely ...
As for the Canadian Dollar, Canada’s manufacturing and services PMIs – due Monday and Wednesday, respectively – could pressure the ‘Loonie’ if they show that activity remained weak in February. Friday ...
GBP/NZD struck a nine-day low as Labour came third in the by-election, with the Green Party winning comfortably and Reform UK coming second. Sterling bounced off its worst levels on Friday, but ...
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