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Business articles

Pound hits 2-week high

The Pound moved higher on Wednesday, with the UK currency extending its rally into its fifth consecutive session and striking a two-week high.

Pound jumps 2% vs US dollar as US jobless ...

As the Bank of England (BoE) opted to leave interest rates on hold at their official March meeting the mood towards the pound picked up.

How will the BoE meeting impact the pound?

A softer headline UK consumer price index reading offered some relief to households, having the potential to limit some of the impact of the Covid-19

Pound steady despite UK service sector slump

A sharp deterioration in March’s provisional UK services PMI highlighted the significant impact that the Covid-19 crisis has already had on economic a

Pound rises 3% after BoE cuts rates to fresh ...

Following the Bank of England’s (BoE) surprise decision to cut interest rates to a fresh low of 0.1% the mood towards the pound widely improved.

Pound recovers from 35-year low

Having plummeted to its lowest levels since 1985 on Wednesday, the pound mounted a comeback yesterday after the Bank of England (BoE) announced its se

GBP/USD exchange rate hits lowest levels ...

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