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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Pound Sterling swooned to a five-month low against the Euro on Monday, March 09 amidst a fresh market panic about the coronavirus outbreak that has prompted significant falls in stocks and oil.
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The British Pound is appreciating in value against the Dollar and Euro on Thursday, March 05 but the currency's nascent rebound could be questioned by markets when they digest the outcome of a pres…
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The Pound is solidifying above 1.15 against the Euro and is creeping back to 1.29 against the U.S. Dollar amidst a stabilisation in global stock markets and fading expectations the Bank of England …
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The British Pound was seen attempting to regain ground lost to the Euro, U.S. Dollar and other major currencies on Tuesday with a recovery in global stock markets providing supportive.
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