Bank of England cuts rates by 25 bps, as expected
The Bank of England cuts interest rates by 25 basis points for the third time in the current cycle, with inflation concerns lingering.
Sterling Extends Losses After BOE Cuts Rates
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t anticipated.
Pound slides on BoE rate cut as investors fret about 'stagflation'
By Harry Robertson, Naomi Rovnick and Greta Rosen Fondahn (Reuters) -Investors grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with sterling set for its biggest one-day fall in four weeks even as bond yields held broadly steady.
BOE Expected to Cut Interest Rates. Why That’s Good for the Dollar.
Investors are pricing in a 97% chance that the U.K. central bank lowers its key rate to 4.5% from 4.75% on Thursday.
BOE-Fed Divergence Could Hold Back Sterling
Sterling fell against the dollar and its appreciation potential looks limited after the BOE cut rates by 25bp to 4.5%.
Yen hits 8-week high; sterling drops after BoE cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of England eased policy.
GBP/USD Forecast: Pound Sterling could extend uptrend on hawkish BoE
On Wednesday, the disappointing ISM Services PMI data made it difficult for the US Dollar (USD) to find demand. Additionally, ...
Новости Украины1d
UK allocates GBP 55 million aid package to Ukraine: what funds are for
During a visit to Kyiv today, February 5, the Prime Minister of the UK, David Lammy, announced the allocation of a new ...
devdiscourse8h
London's Bold Crackdown on Mobile Phone Theft: A New Era of Policing
Scotland Yard's intensified operation targets the GBP 50 million-a-year stolen smartphone trade in London, arresting 230 ...
GBP/JPY dives to near 188.40 as all BoE members support 25-bps interest rate reduction
The GBP/JPY pair faces an intense sell-off and dives vertically to near 188.40 in Thursday’s North American session, the ...
Rentenbank issues GBP 500m in fixed rate notes
LONDON - Landwirtschaftliche Rentenbank, supported by the Federal Republic of Germany as guarantor, has successfully issued GBP 500 million in fixed-rate notes due January 10, 2030, with a coupon of 4 ...
US Dollar Forecast: ADP Jobs Data Lifts DXY, GBP/USD and EUR/USD Outlook
US Dollar gains after ADP jobs data beats forecasts, while ISM PMI misses expectations. How will GBP/USD and EUR/USD react?
Новости Украины2d
GBP 2 billion for air defense. Rada ratifies agreement with UK
The Verkhovna Rada ratified the agreement between the governments of Ukraine and Britain on official credit support for the ...
Exchange Rates1d
US Dollar to British Pound Spot Exchange Rates for 2020
Below is a table showing 366 days of historical exchange rates data for the year of 2020, covering the US Dollar (USD) to British Pound (GBP) conversion. Converting US Dollar (USD) to British ...
Forbes2d
Convert United States Dollar To British Pound Sterling
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
JPMorgan raises Babcock stock target to GBP 7.60
JPMorgan analysts increased the price target on Babcock International Group Plc (LON:BAB:LN) (OTC: BCKIF) to GBP 7.60, up from GBP 7.00, while maintaining an Overweight rating on the stock. The ...