"The Bank of England (BOE) is widely expected to slash the policy ... nothing in this article is intended to be investment advice. GBP/USD trades deep in negative territory near 1.2400 on Thursday.

GBP/USD depreciates as the BoE is widely anticipated to deliver a 25 basis point rate cut in February. The US Dollar rises as President Trump plans to impose tariffs on imports of multiple products.

LONDON: The Bank of England (BoE) faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the pound threatening to add to resurgent price pressures.

The FTSE 100 and 250 have jumped, gilt yields have sunk, and investors now favour three BOE cuts this year. But the pound remains weaker and the worst G-10 currency against the dollar this year.

Bloomberg’s SHOK model is similar to the BOE’s own method for predicting inflation in the months ahead. It estimates that sterling’s drop against a trade-weighted basket of currencies since ...

The GBP/USD pair remained on edge after the UK published the November consumer inflation report and after the Federal Reserve delivered its last interest rate decision of the year. Focus now shifts to ...

The British pound is under pressure due to Donald Trump’s potential tariff policies, causing volatility in GBP/USD and global markets. GBP/USD is approaching its 2024 yearly low, with potential ...

The average daily volume in London is approximately 1.5 million shares per day, which represents a monetary value of approximately 4.2M GBP on a daily ... in at 177,000 boe/day at an average ...