Tag: GBP

ForexLive Asia-Pacific FX news wrap: GBP gapped higher

China says it'll be further increasing its reserve capacities for key commoditiesWall Street Journal says the PBoC has signaled an on hold rate decision this weekThe key takeaways from Chinese President Xi Jinping's...

GBP has had a big Monday so far, nudging 1.1250

<p>Leading into the weekend UK PM Truss fired former Chancelloer Kwasi Kwarteng, replacing him with Jeremy hunt. </p><p>As for policy, the corporation tax will rise to 25% from April next year instead of...

GBP Snaps Five-Day Losing Streak Against the Greenback, UK Policy Uncertainty Remains

Recommended by Zain Vawda Get Your Free GBP Forecast GBP/USD Fundamental BackdropSterling saw a bounce against...

GBP Under Pressure Ahead of BoE Governor Bailey Speech

A backdrop of increasing gilt bond market risks is...

UK Unemployment Hits Levels Last Seen in 1974, GBP Undeterred

POUND STERLING TALKING POINTSStellar labor release unable to sway depressed pound.BoE to stop corporate bond sales this week while ramping up gilt purchases. Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and...

More on the BoE operation to calm gilt, GBP market – ready to increase daily purchases

The post on this is here:Reuters have a summary/recap post up if you want a little more:The Bank of England said it was ready to increase the size of its daily purchases of...

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