Tag: Sterling

Dollar Edges Lower; Sterling Bounces After GDP Surprise By Investing.com

By Peter Nurse  Investing.com - The U.S. dollar edged lower in early European trading Friday as sterling and the euro stabilized near one-week highs, helped by intervention by the Bank of England and the...

Sterling rallies for 3rd day after BoE bond buys; U.S. dollar down By Reuters

© Reuters. Boards displaying buying and selling rates are seen outside of currency exchange outlets in London, Britain, July 31, 2019. REUTERS/Toby Melville/Files By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Sterling rose sharply in...

FCA to Permanently Cease Synthetic Sterling LIBOR on March 2023

The Financial Conduct Authority (FCA) announced its decision on Thursday to permanently cease the publication of 1 and 6-month synthetic sterling LIBOR settings on 31 March 2023. Take Advantage of...

Sterling Slumps to Record Low; Kwarteng Points to More Tax Cuts By Investing.com

© Reuters. By Peter Nurse Investing.com - The British pound continued to slump in early European trading Monday, falling to a record low against the soaring U.S. dollar as traders doubted the sustainability of...

Euro, sterling plunge on soft business activity data, UK budget woes By Reuters

© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters)...

Can The Pound Sterling Recover?

The Bank of England (BoE) has defied market expectations by interest rates by 50bps at its September meeting. Implied pricing showed that market participants were skewed towards a bigger 75bps hike, especially...
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