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Currency news

Pound highly volatile as BoE intervenes in bond market

Trade in the Pound remained highly erratic on Wednesday as the Bank of England (BoE) announced an intervention in the bond market.

Pound holds ground amid expectations for a ...

The pound stabilised on Tuesday in the wake of some hawkish comments from a Bank of England (BoE) policymaker.

GBP/USD strikes record low amid UK budget ...

The pound traded with extreme volatility on Monday, with the GBP/USD exchange rate fluctuating in a range of six cents.

Weekly Roundup: Pound collapses as government ...

The pound was fairly muted early last week as UK markets closed for the Queen’s funeral.

GBP/USD collapses to record low as markets ...

The pound collapsed on Friday as markets were rattled by the contents of UK Chancellor Kwasi Kwarteng’s mini-budget.

Pound subdued following BoE’s 50bps rate hike

Trade in the pound was erratic on Thursday after the Bank of England (BoE) disappointed with a 50bps rate hike.

Weekly Roundup: Pound fluctuates on mixed data

The pound got off to a slow start last week as the UK’s latest GDP figures reported a smaller-than-expected rebound in growth in July.

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