pound sterling news - Search News

Sterling falls to 6-month low

Pound Sterling hits hard by decline in UK Retail Sales, flash PMI

The Pound Sterling (GBP) weakens against a majority of its peers, except the Euro (EUR), as the United Kingdom (UK) flash S&P Global/CIPS Purchasing Managers’ Index (PMI) data for November surprisingly declined and the Retail Sales data for October contracted at a faster-than-expected pace.

The Wall Street Journal on MSN · 2d

Sterling Hits 6.5-Month Low Against Dollar After Weak U.K. PMI Data

Sterling extended losses against the dollar, falling to a six-and-a-half-month low, and pared gains versus the euro after the provisional November U.K. PMI survey came in well below expectations.

Reuters on MSN · 2d

Sterling falls to 6-month low after weak British data

The pound tumbled on Friday after data showed British business output in November shrank for the first time in more than a year, and retail sales also fell by much more than expected in October. Sterling hit its lowest on the dollar since May,

Pound Sterling Price News and Forecast: GBP/USD no signs of a steady Pound Sterling recovery

After losing 0.5% on Thursday, GBP/USD continued to push lower in the Asian session on Friday and touched its lowest level since May near 1.2550. The pair seems to have turned technically oversold but ...

10don MSN

Sterling hits lowest level since July as Trump victory dents the pound

"The FX market tends to concentrate on one theme at a time, and right now that is dollar dominance," Kathleen Brooks, ...

Investing2d

Pound Sterling Slides After Data Confirms Government Just Smacked the Economy

"The first survey on the health of the economy after the Budget makes for gloomy reading. Businesses have reported falling ...

Weekly U.K. Gilt Yield And Pound Sterling Forecast, November 15, 2024: Flirtation With Inverted Yields Continues

Financial writer discusses Gilt rates, yield predictions, and exchange rate simulations in the latest market update.

Exchange Rates1d

Pound Sterling Forecasts

Sterling Faces Challenges After Mostly Weaker Data

With the rise in the cap on energy prices last month, some increase in inflation seemed almost guaranteed, but 2.3% was 0.1% ...

Investing5d

Pound Sterling Jumps against Euro, Dollar on Signs Inflation is Rising Again

Pound Sterling jumped after the UK reported a broad-based inflation rise in October. The Pound to Euro exchange rate rallied ...

Exchange Rates1d

Euro To Pound Sterling Forecast: 0.8150 In 12 Months Say Rabobank

Rabobank maintains a bearish bias for the Euro to Pound exchange rate ( EUR/GBP ), targeting 0.8150 within 12 months, as ECB dovishness and structural issues weigh on the EUR. "The word ‘gradual’ has ...

Business Recorder6h

Weaker pound takes FTSE 100 to best week in six months

LONDON: Britain’s FTSE 100 recorded its biggest weekly gain in more than six months on Friday as a slide in sterling ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results