The pound headed for its biggest one-day drop in a month after UK inflation came in softer than expected, boosting bets that the Bank of England will have to deliver more interest rate cuts next year.

An alert just went off in my calendar. “Start looking to short the British pound”, it says. Why would one short strength? Sterling has been very strong over the past few months (mainly due to higher ...

The pound extended its recent outperformance versus major peers as UK growth data came in stronger than expected. Sterling rose 0.1% to $1.3592 on Thursday, its strongest level since July 10, before ...

The Pound (GBP) was placed on the defensive on Monday, amid expectations that UK economic growth will slow in 2026 as unemployment rises.Analysts at KPMG predict the UK economy will expand by 1% in ...

The Pound Sterling drops against its peers as the UK GDP declines by 0.1% for the second month in a row. Shrinking UK economic activity paves the way for a BoE interest rate cut on Thursday. Next week ...

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The Pound US Dollar (GBP/USD) exchange rate remained volatile on Thursday, amid the sharp swings that followed the Federal Reserve’s final interest rate decision of the year. Trade in the US Dollar ...

The EUR/GBP cross attracts some sellers to around 0.8745 during the early European session on Monday. The Pound Sterling (GBP ...

European stocks and currencies rose Thursday, unaffected by UK’s legislative elections and upcoming French elections on Sunday. Labour Party expected to end 14 years of Conservative leadership with a ...