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Sterling Extends Losses
Pound Sterling plummets as two BoE members favor 50 bps interest rate cut
The Pound Sterling stabilizes against its major peers, except safe-haven assets, ahead of the BoE’s monetary policy on Thursday. Investors await the US NFP data, which will influence expectations for the Fed’s monetary policy outlook.
Sterling Extends Losses After BOE Cuts Rates
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t anticipated.
BOE Expected to Cut Interest Rates. Why That’s Good for the Dollar.
Investors are pricing in a 97% chance that the U.K. central bank lowers its key rate to 4.5% from 4.75% on Thursday.
59m
GBP/USD trades with negative bias around 1.2425 area, US NFP report awaited
The GBP/USD pair struggles to capitalize on the overnight bounce from a multi-day low and trades with a mild negative bias, ...
13h
SAS Weekly U.K. Gilt Yield And Pound Sterling Simulation, January 31, 2025: Median Pound/Dollar Exchange Rate 1.2347 One Year Forward
Our weekly simulation for Gilt yields. Read the latest update, as of January 31, 2025. Read the full report on Seeking Alpha.
17h
Pound slides as stagflation puts BoE on deeper cutting path
Sterling was set for its biggest one-day fall since early January on Thursday, after the Bank of England (BoE) cut interest ...
5d
on MSN
The two ex-British colonies that now use dollars instead of pounds
The Pound was the dominant international currency up until the 1940s but changes to the financial system and new trading ...
Exchange Rates
4d
The 200 Year Pound to Dollar Exchange Rate History - From $5 in 1800s to Today's $1.29
Post-EU referendum price action for the
Pound Sterling
(
GBP
) has seen
GBP
-crosses swing rapidly, often by upwards of 1% per day as markets react to a constant stream of Brexit related ...
1d
Sterling hits one-month high as dollar slides; focus turns to BoE
The pound rose to its highest in a month on Wednesday as the dollar retreated further after surging two days ago on the ...
20h
GBP/USD Forecast: Pound Sterling could extend uptrend on hawkish BoE
On Wednesday, the disappointing ISM Services PMI data made it difficult for the US Dollar (USD) to find demand. Additionally, ...
Exchange Rates
3d
Pound Sterling Forecasts
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