GBP/USD forecast ahead of BoE interest rate decision
The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped to a low of 1.2400, down from this week’s high of 1.2500 as focus shifts to the upcoming US personal consumption expenditure (PCE) data and Bank of England (BoE) decision.
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.
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 drops ahead of Bank of England rate decision
Sterling fell against the dollar on Thursday, on track for its biggest daily drop in about a month, as investors awaited the outcome of the Bank of England's meeting, at which the central bank is widely expected to cut interest rates.
Sterling Could Fall if Strong Majority of BOE Officials Back Rate Cut
Sterling weakened against the dollar and could fall further if the BOE votes 8-1 to cut interest rates and downgrades its economic growth forecasts, ING said.
FxWirePro: GBP/USD slips towards 1.2400 level ahead of Bank of England rate decision
GBP/USD fell sharply on Thursday as sterling attracted sellers ahead of the Bank of Englands policy decision. Markets price in a 94% chance the BoE will cut rates by 25 basis points to 4.5% on Thursday,
GBP/USD trades with negative bias around 1.2425 area, US NFP report awaited
The GBP/USD pair struggles to capitalize on the overnight bounce from a multi-day low and trades with a mild negative bias, ...
devdiscourse14h
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 ...
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 ...
EUR/GBP rises to near 0.8350, upside seems limited due to potential Trump’s tariffs on EU
EUR/GBP continues its upward trajectory for the fourth consecutive day, trading around 0.8350 during Friday’s Asian session.
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 ...
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.
Investing11d
Pound to US Dollar Week Ahead Forecast: GBP/USD Soars as Trump Tariff Fears Ease
In an interview with Fox News, Trump said that he ‘would rather not’ impose tariffs on China and that he thinks they can ...
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 ...
Forbes1d
Convert British Pound Sterling To Nepalese Rupee
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.