And the government will be doing its utmost to persuade the OBR not to revise those forecasts down – which would only make the UK's fiscal position worse. We suspect the government will have to ...
Sterling remained vulnerable even after efforts from the U.K. Treasury chief and the BOE to restore confidence in gilts, ING said, adding it expects the currency to fall to to $1.19 and the euro to ...
The markets have priced in almost three quarter-point rate cuts by the BoE in 2025.
Sterling is little moved after U.K. Treasury chief Rachel Reeves set out plans to boost economic growth. In a speech Wednesday, Reeves announced several infrastructure projects including a third ...
The Nigerian naira appreciated to N1,635 per dollar in the parallel market on Tuesday, strengthening from N1,650 per dollar recorded ...
GBP/USD dipped on Wednesday as dollar firmed as investors focused on the Feds monetary policy decision. The central bank is ...
The US Dollar weakens as Durable Goods Orders disappoint. Bond yields fall, impacting GBP/USD and EUR/USD. What’s next for ...
According to BofA's methodology, the Euro (EUR) has demonstrated an outperformance against the US Dollar (USD), British Pound ...
The GBP/USD price analysis shows a pause in the previous session’s decline as caution sets in ahead of the FOMC policy ...
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
GBP/USD dipped on Tuesday as dollar firmed after U.S. President Donald Trump reiterated threats of widespread tariffs. On ...
Conversely, American shoppers buy more imports when the dollar is strong. A bottle of Mexican tequila would have sold for $30 ...