The Pound Sterling slides to near 1.2800 against the US Dollar (USD) in Tuesday’s London session, the lowest level seen in ...
Fed Chair Powell indicated that the central bank would continue to cut rates gradually towards a neutral level and markets ...
GBP/USD declined sharply early Wednesday as the US Dollar (USD) gathered strength on developments surrounding the US ...
The focal point of Tuesday’s data will be the surprise rise in unemployment which jumped from 4.0% to 4.3%. A much smaller ...
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Spot gold was flat at $2,602.63 per ounce, while US gold futures slipped 0.3% to $2,608.70. The dollar’s ascent, fuelled by ...
The pound hovered near three-month lows against a stronger dollar on Wednesday, after a sharp fall in the previous session ...
The Pound to Euro (GBP/EUR) exchange rate settled around 1.1920. ING commented; “With an exceptionally close US election upon us, plus the outcome likely to deliver a binary impact on currency markets ...
The pound fell to a three-month low after data on Tuesday showed regular wage growth cooled and unemployment ticked up, and ...
Right now, money markets show traders believe UK rates could fall by just over half a percent next year - something ...
This shift in expectations would tend to support both the Euro and Pound, but Sterling has also been unsettled by the UK budget amid a surge in borrowing and sell-off in gilts. ING commented; “Over ...