The pound rallied by as much as 0.5% on Friday, after data showed UK consumer spending was surprisingly strong last month, ...
At the time of writing, spot gold was trading at $2,705.31 per ounce, reflecting an increase of 0.4%. Meanwhile, US gold ...
When it comes to remitting the euro or the British pound in November, remittance-friendly rates will make it easier for ...
Despite these admissions, TiN stated that the fines will not be immediately cancelled, and there is an ongoing dispute over ...
GBP/USD churned chart paper in familiar territory for a fourth consecutive trading day on Tuesday. Cable continues to cycle ...
Cable traders are buckling down ahead of Tuesday’s key UK labor figures.
Britain’s move to follow the US into a faster equities trading regime could prove challenging for the foreign-exchange ...
The Pound to Euro (GBP/EUR) exchange rate has continued to consolidate around 1.1950, but with the potential for substantial moves this week amid a wave of market-moving events including key UK data ...
GBP investors were seemingly hesitant to place bets ahead of upcoming UK data releases, and anxiety over the looming Labour budget kept a lid on the currency. Markets are expecting another rate ...
At the same time, the cost to hedge against swings in the UK currency is heading toward its highest since April 2023. That suggests further pain ahead for investors that have crowded into bets on ...
The Pound (GBP) plunged on Wednesday as a cooler-than-forecast UK CPI reading fuelled bets on more interest rate cuts from the Bank of England (BoE). September’s data showed that headline ...
(Bloomberg) -- The market’s confidence in the pound is shattering after a world ... diminishing the allure of the strongest-performing currency among Group-of-10 nations so far in 2024.