The global bond market selloff has spread to gilts and prompted investors to trim overweight sterling positions, ING said, but expects the rise in EUR/GBP to be capped at 0.8500 and sees GBP/USD ...
On another turbulent day on the financial markets, the pound fell sharply against the dollar and the Government's borrowing ...
BRITAIN was having a grim 1970s flashback last night with a debt crisis, the threat of strikes and an under-siege Labour ...
The UK economy is facing significant challenges, with the pound sterling continuing to fall, government bond yields rising, ...
The U.S. dollar strengthened for a third straight session on Thursday as Treasury yields dipped but held at elevated levels ...
The Government has said there is “no need for an emergency intervention” as it sought to soothe concerns over the UK’s shaky financial markets. On Thursday, the value of the pound fell to its lowest ...
Concerns about UK government borrowing and the economy have spooked financial markets - and it could filter down to ...
Sterling has lost a cent against the US greenback, extending its recent losses and falling below $1.23 to its lowest level ...
Government bonds remained under pressure on Thursday and the dollar held steady near its highest levels in more than a year ...
The GBP/USD has carved a successive series of lower highs and lower lows, an indication that the downtrend remains intact.
The pound under severe pressure; a widening budget deficit; a yawning current account imbalance; stubbornly persistent ...
Sterling was last down 0.6% at $1.2295, having touched its lowest since November 2023 earlier in the day, while the cost of hedging against bigger price swings over the coming month jumped to its high ...