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The British pound rose toward $1.352 following stronger-than-expected UK July GDP growth of 0.4%, lifting Bank of England rate hike bets. However, upside remains tempered as the US dollar holds stead…
The British pound rose toward $1.355 following Chancellor John Healey's pledge of fiscal discipline ahead of the October budget. While higher borrowing costs and geopolitical inflation risks linger, …
The British pound held steady above $1.35 as markets awaited the UK Chancellor's speech. Robust August hiring data supported sterling, offsetting pressure from rising crude oil prices, broader gilt w…
The British Retail Consortium urged the UK Chancellor to lift the employer National Insurance threshold, citing 115,000 lost retail jobs and £6.5 billion in rising employment costs over two years ami…
The British pound traded above $1.36 near multi-month highs as persistent UK inflation prompted markets to price in further Bank of England rate hikes. Easing crude oil prices and fiscal spending pla…
The British pound traded above $1.36, approaching mid-February highs amid dollar weakness and strong UK economic data. Accelerating UK inflation and robust business activity support Bank of England r…
The British pound steadied below $1.35, weighed by stalled US-Iran tensions and slowing UK consumption, despite solid Q2 GDP growth and June economic activity.