Pound slumps as UK at risk of a credit rating downgrade
The pound was placed on the defensive again on Thursday, amid concerns the UK may be at risk of a credit rating downgrade.
Pound fluctuates amid fiscal plan confusion
The pound traded in a wide range on Tuesday, amid conflicting reports on when the UK government will publish its debt cutting plan.
Pound rallies on Kwarteng’s tax cut U-turn
The pound strengthened on Monday as GBP investors welcomed the UK government’s U-turn on high-income tax cuts.
Weekly Roundup: Pound trades with extreme ...
The pound fell off a cliff at the start of last week. The previous week’s Sterling selling bias remaining firmly in place after Chancellor Kwasi Kwart
Pound highly volatile as BoE intervenes in ...
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.
