Bank of England cuts rates by 25 bps, as expected
The Bank of England cuts interest rates by 25 basis points for the third time in the current cycle, with inflation concerns lingering.
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.
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 sterling set for its biggest one-day fall in four weeks even as bond yields held broadly steady.
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.
BOE-Fed Divergence Could Hold Back Sterling
Sterling fell against the dollar and its appreciation potential looks limited after the BOE cut rates by 25bp to 4.5%.
Yen hits 8-week high; sterling drops after BoE cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of England eased policy.
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, ...
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London's Bold Crackdown on Mobile Phone Theft: A New Era of Policing
Scotland Yard's intensified operation targets the GBP 50 million-a-year stolen smartphone trade in London, arresting 230 ...
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UK allocates GBP 55 million aid package to Ukraine: what funds are for
During a visit to Kyiv today, February 5, the Prime Minister of the UK, David Lammy, announced the allocation of a new ...
GBP: Sterling could hand back recent gains – ING
GBP/USD is falling further toward 1.2400 in the European session on Thursday. The pair bears the brunt of the exepctations ...
Rentenbank issues GBP 500m in fixed rate notes
LONDON - Landwirtschaftliche Rentenbank, supported by the Federal Republic of Germany as guarantor, has successfully issued GBP 500 million in fixed-rate notes due January 10, 2030, with a coupon of 4 ...
US Dollar Forecast: ADP Jobs Data Lifts DXY, GBP/USD and EUR/USD Outlook
US Dollar gains after ADP jobs data beats forecasts, while ISM PMI misses expectations. How will GBP/USD and EUR/USD react?
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GBP 2 billion for air defense. Rada ratifies agreement with UK
The Verkhovna Rada ratified the agreement between the governments of Ukraine and Britain on official credit support for the ...
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Pound To Euro Rate News: GBP/EUR Soars As Trump Levels Tariff Threat At EU
The Pound to Euro (GBP/EUR) exchange rate traded close to its best levels since the start of 2025 on Monday as Donald Trump ...
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Convert United States Dollar To British Pound Sterling
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GBP/JPY dives to near 188.40 as all BoE members support 25-bps interest rate reduction
The GBP/JPY pair faces an intense sell-off and dives vertically to near 188.40 in Thursday’s North American session, the ...