A UK asset selloff has led the pound over 1% lower this morning as 10-year gilt yields have spiked to the highest level since ...
The FTSE 100 ( ^FTSE) and European stocks were mixed on Wednesday after Wall Street slumped last night and China’s currency hits a 16-month low on Trump tariff fears.
The yield on the benchmark 10-year UK gilt, which reflects the cost of government borrowing, climbed by roughly 12 basis ...
The British pound faced declines against a strengthening U.S. dollar due to persistent high U.S. interest rates. Despite surging British borrowing costs, particularly in long-term bonds, sterling ...
Sterling continues its downward trend against a strong U.S. dollar despite high British borrowing costs. The U.S. dollar ...
Sterling slid for a second day on Wednesday against a generally firmer U.S. dollar, despite British borrowing costs sitting ...
The GBP/JPY currency pair pared some of its gains on weak pound sterling. It hits a high of 198.25 and is currently trading ...
GBP/USD was a touch higher after hitting an eight-month low, but MUFG Bank said sterling faces a hit from the prospect of the BOE cutting rates more than the market expects.
Sterling struggled to rebound against the dollar on Friday and was on track for its worst week since November, while new data ...
Sterling's sell-off was accentuated by data out from the US, which showed a smaller increase in the number of jobless ...
The euro and British pound tumbled to multi-month lows against the U.S. dollar ... hitting its weakest level since November ...