Tag: pound

The U.S. dollar slipped lower on Thursday morning as markets await the release of U.S. consumer monthly inflation later in the day. With analysts expecting inflation to continue cooling, investors are hopeful that the Federal Reserve will introduce interest rate cuts as early as...

The sterling stood unchanged during early trading on Wednesday, keeping the currency on track for a 5% rise against the U.S. dollar for 2023. The British pound was last down 0.06% against the greenback at $1.2716, slightly lower than its four-month high of $1.279...

The sterling recorded its largest weekly fall against the yen in a year, with the Japanese currency receiving a major boost after the country's central bank suggested that it would implement a change in monetary policy. On Friday, the sterling was slightly higher against...

The sterling fell by 0.17% against the dollar on Wednesday as traders anxiously awaited the Federal Reserve's latest interest rate decision due to be announced later in the day. The Bank of England is set to announce its own interest rate decision on Thursday. Markets...

The British pound fell slightly on Thursday as observers anxiously await the Bank of England's incoming interest rate decision later in the day. After data showed that UK inflation cooled more than expected in August, traders are unsure as to the central bank's next...

The sterling remained steady on Tuesday after an inflow of British job market data that showed that wage growth remained strong despite a weakening labor market. The British pound remained flat against the U.S. dollar at $1.2507, thereby sustaining its 0.35% growth from the...