pound sterling - Search News

Pound ticks up after sliding on BoE cut and gloomy forecasts

The pound regained some ground on Friday after dropping on Thursday when the Bank of England cut interest rates and halved its growth forecast for the year. Sterling was last up 0.16% at $1.2458 on Friday,

The Wall Street Journal on MSN · 1d

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.

Econostrum English on MSN · 5h

Pound Sterling Drops Sharply as Bank of England Cuts Interest Rates

The pound sterling fell sharply following the Bank of England’s decision to cut interest rates, a move aimed at supporting the struggling UK economy amid ongoing concerns over sluggish growth and rising inflation.

Reuters · 1d

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 rates and slashed its growth forecasts but warned that inflation will rise "quite sharply" this year.

The Wall Street Journal on MSN · 1d

Sterling Could Fall if Strong Majority of BOE Officials Back Rate Cut

Sterling weakened against the dollar and could fall further if the BOE votes 8-1 to cut interest rates and downgrades its economic growth forecasts, ING said.

Pound Sterling gains against USD ahead of US NFP

The Pound Sterling (GBP) ticks lower to near 1.2420 against the US Dollar (USD) in Friday’s European session ahead of the ...

20h

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.

6don 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 ...

GBP/USD Forecast: Pound Sterling sellers hesitate ahead of US NFP data

A positive surprise, with an NFP reading above 200,000, could boost the USD in the American session and force GBP/USD to ...

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 ...

devdiscourse1h

Sterling's Resilience: BoE Rate Cuts and Economic Impact

The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...

Exchange Rates3d

Pound Sterling Forecasts

Pound Sterling surge pauses against US Dollar on upbeat US private employment data

The Pound Sterling struggles to extend its upside above the intraday high of 1.2550 against the USD due to the upbeat US ADP ...

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