Trader confidence in sterling takes a dive on bond market turmoil
Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...
Deutsche recommends selling sterling on broad, trade-weighted basis
Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as Britain's current ...
Pound Sterling continues to face selling pressure over ramping UK gilt yields
The Pound Sterling (GBP) continues underperforming its major peers, rattled by rising borrowing costs on the United Kingdom ...
Pound plumbs 14-month low, rattled by gilt market rout
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Deutsche Bank says sell the pound
Deutsche Bank strategist Shreyas Gopal says to sell the struggling British pound, the worst-performing currency in the young new year. Falling export orders and a reversal in energy prices is putting ...
EUR/GBP extends the rally above 0.8350 amid UK fiscal concerns
The Eurozone December inflation data has pushed back expectations that the ECB will deliver a jumbo rate cut.
Pound falls to lowest in over a year as borrowing costs soar
The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank borrowing ...
Sterling slides for a fourth day amid bond market turmoil
Sterling continued its slide on Friday, its fourth day of falls, as elevated global bond yields kept the currency under ...
Pound hits 14-month low amid market jitters - what it might mean for your money
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
Pound falls to lowest in over a year after UK borrowing costs rise
The pound has fallen to its lowest level in over a year, while UK borrowing costs hit their highest for 16 years. Economists ...