GBP/USD edges lower to near 1.2200 as UK Gilt yields drop
GBP/USD edges lower after two days of gains, trading around 1.2220 during the Asian hours on Thursday. The Pound Sterling ...
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Rachel Reeves in fresh misery as pound slumps in more than 50 countries
The Pound is now worth just 1.11 Swiss Francs, down 1.3% from 1.13 on the day of the Budget. Against the Euro, the most ...
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Consumers warned they will ‘feel the pain’ as the ‘economic situation looks increasingly dire’
Keep track of the worsening economic situation and its impact on consumers. Discover how the weakening pound could lead to ...
UK markets are in turmoil as bond yields spike and the pound slides — here's why
UK government bond yields surged to their highest level in years and the pound hit a 14-month low against the dollar as ...
Sterling hits fresh 2-1/2-month low versus euro, falls against dollar
The British pound was poised to record a sixth consecutive day of decline against the dollar on Tuesday and hit a fresh 2-1/2 ...
As the U.S. dollar soars, here are Europe's biggest winners and losers
As the greenback moved upward, European currencies found themselves at multi-year lows. The euro fell 0.4% to $1.0199 by ...
Sterling weakens, dollar retains strength with BofA seeing no rate cut this year
The British pound continued its decline against the dollar on Monday as gilt yields rose for a sixth straight day. Sterling ...
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Traders preparing for the ‘pound to slump 8%’
Traders brace for an 8% slump in the pound amid government borrowing. Find out what's behind the ongoing crisis in the ...
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Sterling Struggles: UK's Fiscal Future in Focus
The British pound has continued to decline against major currencies due to concerns over the UK's fiscal sustainability as ...
Pound sterling continues to suffer as traders pare bets on Fed rate cuts
The sell-off comes after a bruising week for UK assets last week, with sterling falling over three per cent and gilt yields ...
Trader Confidence in Sterling Takes a Dive on Bond Market Turmoil
This week, 10-year gilt yields have risen by a quarter point to a high of 4.925%, the most since 2008, echoing a sell-off in ...
Deutsche Bank says sell the pound
Deutsche Bank strategist Shreyas Gopal says to sell the struggling British pound, the worst-performing currency in the young new year. Falling export orders and a reversal in energy prices is putting ...