Sterling
Daily Wrap Up 26 September 2022
The British pound has witnessed phenomenal volatility today as it plunged in overnight trading, then it staged a miraculous recover during the day, but it turned lower yet again.
GBP/USD slumps as sterling weakness meets US dollar strength
19 Aug 2022 06:29 PM |UK inflation hit 10.4%, a fresh 40-year high, it was a sizeable increase on the 9.4% posted in June and it topped forecasts of 9.8%.
UK inflation slows for the first time in 6 months
16 Jan 2018 12:31 PM |Inflation in the UK slowed for the first time in six months in December, with the
Mixed messages from Bank of England confuse markets but push sterling above $1.30
29 Jun 2017 04:48 PM |By CNBC : A slightly more hawkish tone from Bank of England (BOE) Governor Mark Carney on Wednesday has prompted the U.K. currency to move back above the psychologically critical $1.30 mark in Thursday's session.
Oil spill sends global stocks, bond yields sliding
21 Jun 2017 12:43 PM |By Reuters : A renewed slump in oil prices to seven-month lows dragged down world stocks on Wednesday and flattened bond curves as bets that inflation and interest rates will stay lower for even longer began to build again.
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