INSIGHTS
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gbp
25 Sep 2023
Pound Sterling hit a fresh 6-month low of $1.2220 on dovish BoE and a worsening outlook
The Pound Sterling hit a fresh six-month low of $1.2220 per dollar on Monday morning, heading for a more than 3% decline in September so far, its worst monthly...
07 Aug 2023
Pound Sterling slips to $1.27 on bets for a slower pace of rate hikes by BoE
The Pound Sterling slipped to nearly $1.27 per dollar on Monday morning, extending last week’s steep losses as the Bank of England (BOE) moves closer to wrapping up...
24 May 2023
Sterling fluctuates after slower-than-expected fall of the UK inflation
Pound Sterling initially jumped as high as $1.2470 a dollar on Wednesday morning after the release of the report that showed UK inflation fell below 10% in April, with investors cheering the fall in...
08 May 2023
Pound Sterling hits one-year high of $1.2650 on hawkish BoE
GBP/USD pair rallied as high as $1.2655 on Monday morning, levels that haven’t been seen since May 2022 on bullish fundamentals for the Sterling versus bearish...
07 Apr 2023
Pound Sterling trades near a 10-month high of $1.25
GBP/USD pair is trading near the $1,2450 mark on Good Friday, just below Tuesday’s intraday highs of $1.25 level, since the greenback has been suffering significant...
28 Feb 2023
Sterling strengthens after U.K. signed a new post-Brexit trade deal with EU
The Pound Sterling rebounds to nearly $1,2080 on Tuesday morning following the new trade deal between the U.K. and the European Union, which will likely remove some trade frictions between the two...