GBP/USD found a fresh 30-month high bid on Thursday, with a broad-market selloff in the US Dollar sparking a risk bid in ...

The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.

Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect. But it's far from clear why the UK government or ...

Back in August, the BoE lowered the key policy rate by 25 basis points (bps) to 5.0% from 5.25%, with a 5-4 MPC vote in favor ...

The Bank of England held its base rate at 5% at noon yesterday as Governor Andrew Bailey insisted it must be 'careful not to ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The pound was at to its highest level in two-and-a-half years after the Bank of England left its key interest rate unchanged, ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Sterling rose against a weakening dollar after the Federal Reserve cut interest rates by 50 basis points, with investors ...

Money has remained a huge part of human evolution irrespective of its form as objects, coins or banknotes in the past 5000 ...

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...

The Bank of England left interest rates on hold today, as expected, but with just one vote for a cut (so relatively hawkish).