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Business articles

GBP/USD exchange rate hits lowest levels since 1985

The pound entered freefall yesterday, with the GBP/USD exchange rate striking its lowest levels since 1985.

Pound fluctuates as OBR calls for more ...

Demand for the pound weakened yesterday in spite of the head of the Office for Budget Responsibility’s call for the UK government to shore up the econ

Coronavirus rocks market as Fed cuts rates ...

The pound struggled to find support on Monday, with Sterling sentiment fluctuating as the UK government’s ‘heard-immunity’ approach to the coronavirus

Pound falls as BoE highlights potential for ...

The pound experienced another round of selling pressure on Friday after the release of the minutes from the Bank of England’s (BoE) emergency policy m

Euro slides after ECB policy action falls ...

The European Central Bank (ECB) failed to shore up the euro yesterday in spite of its decision to avoid cutting interest rates deeper into negative te

ECB rate decision in focus

The pound climbed on Wednesday in response to hopes that the Bank of England’s unscheduled rate cut and a £30bn stimulus package announced in the UK’s

Bank of England cuts interest rates, Spring ...

The Bank of England (BoE) became the latest central bank to cut rates this morning, delivering a surprise 50 basis point cut just hours before the UK’