The British Pound starts the new week under pressure against the Euro and U.S. Dollar, with global investor sentiment being firmly in control of how the UK currency performs.
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The Norwegian Krone strengthened Friday, forcing the GBP/NOK rate back from multi-year highs even after the Norges Bank announced a large and unscheduled interest rate cut to support the economy as…
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The British Pound suffered significant declines against the Euro and U.S. Dollar over the course of the past 24 hours amidst a fresh meltdown in global stock markets and the currency remains locked…
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Global stock markets are in free-fall once more and the British Pound is finding itself under significant pressure in the current market atmosphere.
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Chancellor of the Exchequer Rishi Sunak has announced that £30bn in immediate spending will be made available to counter the economic slowdown prompted by the coronavirus outbreak, with an addition…
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The Bank of England has announced an emergency cut in interest rates to shore up the economy in the wake of the coronavirus outbreak but foreign exchange markets will soon shift their focus to the …
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The Bank of England will surprise markets and deliver a sizeable cut to interest rates in March and restart quantitative easing in April, as part of a global effort to shore up economic activity an…
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