The Pound Sterling remains under pressure but it could rebound as market participants reassess the BoE rate cut path.
The pound fell on Monday as investors focused on the relative strength of the U.S. economy, pushing up the dollar.
Expectations of interest rate cuts also supported gold. In the US, market participants are pricing in a 92.6% likelihood of a ...
Better-than-expected US Retail Sales reinforced markets' confidence in the resilience of the US economy.
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The pound drifted near two-month lows against the U.S. dollar on Thursday, after sliding a day earlier when a tame inflation ...
The Pound has lost ground on Monday amid a fresh round of dollar buying. Reaction to Friday’s stronger than expected US jobs ...
RBI Governor Shaktikanta Das has proposed the feasibility of expanding RTGS to settle transactions in major trade currencies ...
According to the bank; “the broader undertone in GBPUSD remains negative, with a test of 1.30 support the main risk ahead.
The Reserve Bank of India may expand the RTGS to include major currencies like the US dollar, euro, and pound sterling. This ...
The British pound fell after data revealed a more-than-expected slowdown in British inflation in September, facilitating potential interest rate cuts by the Bank of England. The pound decreased by 0.4 ...