Pound sterling (GBP)
47 articles
Australian Dollar Stalls as Rate Bets Slip and Bond Turmoil Grows
The Australian dollar's rebound is losing steam. Fading hopes for higher rates and wild swings in global bonds are dragging sentiment lower. This week's RBA minutes and labor data will set the tone for the currency's next move.
Pound Sterling stays above 22 against Rand as rate hike hopes fade
Crédit Agricole expects the South African Reserve Bank to keep its policy rate at 7.25 percent through the fourth quarter. Oil prices remain the main risk, and the Pound to Rand exchange rate holds above 22.00.
US dollar slips after weak jobs report shakes rate hike bets
A weaker-than-expected US jobs report sent the dollar down against the pound, euro, and Australian dollar, raising doubts about the Federal Reserve's next move and rattling global currency markets.
US Dollar Holds Firm as Fed Faces Jobs Data Test
The US jobs report could force the Federal Reserve's hand. Big banks are split on whether slower hiring and wage growth will be enough to stop more rate hikes. The Dollar is still holding strong.
Euro Holds Ground as Deutsche Bank Rejects Dollar Breakout
Deutsche Bank is sticking to its year-end euro dollar forecast, even as the euro faces pressure. The bank cites steady global growth and limited US rate hikes as reasons to expect the euro to stay in its usual range.
Swiss Franc Slips as Dollar Gains Ahead of Fed Meeting
The Swiss Franc is under pressure as the US Dollar strengthens before the Federal Reserve's September meeting, with investors watching for a possible rate hike and shifting global yields.
Pound Sterling Faces Pressure as UK Social Spending Takes Priority
UK government's renewed focus on welfare spending is driving up bond yields and putting the pound sterling under strain, raising questions about inflation and the cost of borrowing for households and businesses
Dutch Central Bank Moves 86 Tonnes of Gold to London for Crisis Access
Amid record gold prices and global instability, the Netherlands has shifted a quarter of its overseas gold reserves from North America to London, aiming for faster liquidity and stronger crisis readiness
TD Bank Tests Instant Tokenised Payments on Project Agorá Blockchain
TD Bank Group has executed a live settlement of tokenised US dollars between its own entities using Project Agorá's blockchain platform, marking a concrete step toward programmable cross-border payments and atomic settlement.
Pound Sterling Retreats as Failed Breakout Signals Further Weakness
The pound sterling's recent attempt to break higher against the US dollar has faltered, with technical signals now pointing to renewed downside risk. This week's US payrolls data could determine whether the pound's slide accelerates or stabilizes.
Pound Sterling Faces Unusual Rate Dilemma as BoE Holds Policy
Despite stronger UK growth and a higher inflation outlook, economists expect the Bank of England to keep rates steady through 2027, though the risk of a November hike remains. The Pound's performance reflects this complex policy backdrop.
Pound Sterling Faces Downside Risk Against Euro as Forecasts Shift
A new survey of major investment banks suggests the pound is overvalued against the euro, with forecasts pointing to a potential 300-pip decline by year-end. Currency planners and businesses may need to prepare for a weaker GBP/EUR rate
Australian Dollar Rises as RBA Rate Hike Expected in November
The Reserve Bank of Australia is now forecast to raise its cash rate to 4.60% in November after July inflation data exceeded expectations, strengthening the Australian Dollar's yield advantage and shifting currency market sentiment
Triodos Bank Appoints Lauren Couch to Lead UK Business Lending
Triodos Bank has named Lauren Couch as head of business banking in the UK, aiming to strengthen its impact lending across sectors like energy, food, and nature. The move comes as the bank returns to profitability after a challenging year
US Dollar Weakens as Treasury Moves Revive Debasement Debate
Recent US Treasury interventions have triggered renewed concerns about the US Dollar's long-term value, with analysts warning that falling yields alongside a weaker Dollar could signal a more persistent shift in global currency markets
Australian Dollar Eyes Recent Highs as Global Risk Appetite Improves
The Australian dollar is approaching its short-term peak, buoyed by a shift toward riskier assets, falling oil prices, and reduced Middle East tensions, with investors watching key support and resistance levels in major currency pairs
New Coins Mark French Art, Caribbean Wildlife, and Racing Milestones
Commemorative coins released in France, Montserrat, New Zealand, and the UK highlight national heritage, wildlife, beekeeping history, and a century of British Grand Prix racing, offering collectors new designs and stories
Pound Falls Against Euro as US Bond Moves Shake Markets
The British pound dropped to its lowest level against the euro since July after US Treasury bond purchases unsettled global markets, highlighting how shifts in US policy can ripple through major currency pairs and affect cross-currency rates.
Euro Edges Higher Against Pound as UK Labour Market Softens
The Euro to Pound exchange rate is approaching ING's 0.8570 target as UK employment and wage growth slow, raising questions about further Bank of England rate hikes and Sterling's near-term support
Australian Dollar and Swedish Krona Stand Out in G10 Currency Outlook
Morgan Stanley's latest G10 currency scorecard singles out the Australian Dollar and Swedish Krona for bullish prospects, while the US Dollar, Pound, and Yen face renewed pressure as central banks pause and market risks shift
Pound Sterling Holds Steady as UK Jobs Data Cools Rate Hike Talk
Sterling remains stable against the euro and US dollar after UK employment and wage growth slow, reducing pressure on the Bank of England to raise rates. Upcoming inflation data could shift expectations for future monetary policy
Pound Faces Pressure as UK Wage Growth Slows Against Euro
The pound's outlook against the euro is under renewed scrutiny as UK wage growth loses momentum, raising doubts about further Bank of England rate hikes and increasing the risk of sterling weakness in the coming months.
Canadian Dollar Holds Firm as Energy Costs Push Inflation to 3.0%
Canada's inflation rate accelerated to 3.0% in July, driven by surging energy prices, but the Canadian Dollar's gains remained limited as core inflation stayed near the Bank of Canada's target, reducing pressure for an immediate rate hike
Canadian Dollar Briefly Strengthens as July Inflation Exceeds Forecasts
Canada's dollar touched its highest level since early June after July inflation data surpassed expectations, but the gains faded as markets weighed stable core inflation and upcoming trade risks
Pound Rises as Weak US Retail Data Weighs on Dollar Outlook
Sterling advanced against the US dollar after disappointing US retail sales figures reduced expectations for a Federal Reserve rate hike, shifting market focus to upcoming UK and eurozone data that could influence currency direction
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