Sterling plunges following BoE gloomy outlook and rate cut
Thursday brought a challenging outlook for UK assets as the Bank of England (BoE) presented a set of forecasts that painted a bleak picture, leading to the sterling's most significant one-day drop in four weeks. The currency's decline came despite bond yields remaining largely stable.
The pound rose to its highest in a month on Wednesday as the dollar retreated further after surging two days ago on the ...
Investors are positioning for more weakness in the pound after the Bank of England’s latest policy decision cemented their ...
GBP/USD lost its traction and dropped to a multi-day low below 1.2400 on Thursday following the Bank of England's (BoE) ...
The pound edged lower against the euro on Tuesday after recording its biggest daily rise in three months a day earlier as ...
GBP/NZD dropped sharply on Thursday as a dovish Bank of England rate cut heightened expectations of further cuts. The BoE cut ...
On Wednesday, the disappointing ISM Services PMI data made it difficult for the US Dollar (USD) to find demand. Additionally, ...
U.S. shares held steady after European equities hit a record high, and gold prices were near an all-time peak as investor ...
NEW YORK/GDANSK >> The yen touched an eight-week high versus the dollar today after a Bank of Japan policy board member ...
Sterling fell against the dollar and its appreciation potential looks limited after the BOE cut rates by 25bp to 4.5%.
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