HomeTagsPound

Tag: Pound

Pounded: Sterling heads to worst month for a 12 months

THE pound remained beneath intense promoting stress at present as international traders backed the dollar leaving sterling on monitor for its worst month since Liz Straus’s disastrous mini-budget a 12 months in the past.Sterling fell to $1.19, down from $1.24, its lowest since March...

Pound strikes 15-month excessive regardless of dip in UK GDP

The pound has lifted to a recent 15-month excessive in opposition to the greenback regardless of recent figures revealing the UK economic system shrank in May.Sterling rose for the sixth session in a row as dealer elevated bets that the US Federal reserve will...

Metropolis doubles down on rate of interest rise bets as pound hits 15-month excessive

Sterling peaked at $1.2913 after the wages knowledge, taking it up by over half a cent on the day.The rally got here as monetary markets moved to consider a better peak for UK charges, with inflation wanting more likely to stick at excessive ranges...