Pound Sterling Price News and Forecast: GBP/USD plummets as BoE cut rates unanimously
The Pound Sterling fell during Thursday’s North American session, down 0.79% after the Bank of England (BoE) reduced the Bank Rate by 25 basis points. Therefore, the GBP/USD tumbled below 1.2400 and ...
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Currency Showdown: Yen Surges While Sterling Sinks
The yen hit a two-month high against the dollar following a call for increased interest rates in Japan. In contrast, the ...
Yen hits 8-week high; sterling drops after Bank of England rate cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated ...
Pound slides on BoE rate cut as investors fret about 'stagflation'
By Harry Robertson, Naomi Rovnick and Greta Rosen Fondahn (Reuters) -Investors grappled with a gloomy set of Bank of England forecasts on Thursday that complicate the outlook for UK assets, with ...