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Sterling slips against dollar as focus turns to UK budget

The pound (GBP) slipped against the US Dollar (USD) on Wednesday, retreating from a two-and-a-half-year peak a day earlier, as investors turn their...

Pound sterling hits 22-month high against bruised euro

The pound (GBP) hit its highest in nearly two years against the euro on Monday, though it dropped against the dollar, as the common...

King Charles to appear on UK banknotes from June

Banknotes featuring the portrait of King Charles will enter circulation in United Kingdom (UK) from June 5, the Bank of England said on...

GBP: Pound Sterling runs into economic and election hurdles

LONDON: Pound Sterling (GBP) just had its best year against the dollar since 2017, yet a weakening economy and election uncertainty make a repeat...

Israel says Gaza border ‘secured’ as aircraft continue to pound enclave

Israel said on Tuesday it had re-established control over the Gaza border as the death toll from the clashes reached 1500. Israel imposed a complete...

GBP: Pound gains as US Dollar takes a breather

The British Pound (GBP) rose against the US Dollar (USD) for the first time in almost a week on Wednesday, in line with a...

GBP: Pound Sterling hits 10-week low

The British pound (GBP) dropped to a 10-week low on Friday as investors rein in expectations of where they think the Bank of England's...

GBP: Pound trades around its lowest in a month

The pound traded around its lowest in a month on Thursday, and the FTSE 100 share index fell to two-week low, both weighed down...

US Dollar gains as GBP tumbles on cooling UK inflation

The US dollar (USD) bounced on Wednesday after inflation in the United Kingdom cooled more than economists expected in June, sending the pound (GBP)...

GBP: Pound hits 15-month high

LONDON: The US Dollar weakened to a two-month low on Tuesday after Federal Reserve officials signalled that the central bank was nearing the end...

GBP: Pound eads for biggest weekly gain in six months

Pound Sterling (GBP) headed for its biggest one-week rally against the dollar in six months on Friday, as US interest rates looked increasingly likely...

Sterling edges back from 10-month peak

The British pound edged lower on Friday but remained close to a 10-month high against the dollar, supported by improving appetite for risk ahead...

Pound Sterling edges up against weakening dollar

Pound Sterling edged higher against a weakening dollar on Friday after British economic data came in stronger than expected. According to official data, Britain's economy...

Pound plunge means even higher prices for UK consumers

British consumers are likely to face a further hike in prices of clothing and homewares following the pound's plunge against the dollar, consultants McKinsey...

Pound Sterling: A history of UK currency crises and crashes

Britain's pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country's new prime minister...

US dollar, euro, pound shed value against rupee during week

KARACHI: The Pakistani rupee recovered from a declining trend against United States (US) dollar, pound, euro and other foreign currencies in the interbank and...

Pound hits more than 5-month lows as UK COVID-19 cases surge

LONDON: Britain's pound hit a five-month low against the dollar and traded close to a five-week low against the euro on Tuesday, as broad...

New COVID-19 strain hits pound, euro as investors seek dollars

The British pound and the euro fell on Monday as investors sought refuge in the dollar, after a fast-spreading new coronavirus strain shut down much of the United Kingdom

Coronavirus outbreak: Pound dives to weakest since 1985

Sterling has also suffered due to heightened global demand for the greenback, with a gauge of dollar strength up for a seventh session.

Brexit ‘no matter what’, PM Johnson promises as sterling falls

Johnson was expected to tell Welsh farmers on Tuesday they will get a better deal after Brexit
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