The Bank of England on Thursday slowed the pace of interest-rate hikes down to a half point, as the U.K. central bank balances a need to fight inflation with signs Read more
Tag: GBPUSD
Bank of England interest rate hike is biggest in three decades, but dovish commentary hits the pound
The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
Bank of England matches Fed with 75 basis point hike in biggest move in three decades
The Bank of England made its largest interest-rate increase in three decades in response to inflation that the central bank still expects to accelerate. By a 7-to-2 vote, the U.K. Read more
GBPUSD | British Pound Overview
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‘No more Santa Sunak.’ New U.K. prime minister faces a battle to keep markets calm, say analysts.
U.K. bond markets rallied on Monday as former Chancellor of the Exchequer Rishi Sunak was handed the keys to Downing Street, but analysts cautioned that even under a government expected to Read more
Sunak to be next U.K. prime minister as Mordaunt withdraws
Rishi Sunak will become the next U.K. prime minister after his last competitor, Penny Mordaunt, withdrew, just minutes before a deadline to get support from 100 lawmakers. Sunak, the former Read more
U.S. stock futures consolidate after last week’s rally
U.S. stock futures were pointing to a softer start on Monday, consolidating last week’s gains as a slate of major tech company earnings await. What’s happening Futures on the Dow Read more
U.K. bonds rally after Boris Johnson says he won’t run
U.K. bonds rallied on Monday after former Prime Minister Boris Johnson said he wouldn’t try to win back his old job, setting the stage for former Chancellor of the Exchequer Read more
U.K. bonds rally after Boris Johnson says he won’t run
U.K. bonds rallied on Monday after former Prime Minister Boris Johnson said he wouldn’t try to win back his old job, setting the stage for former Chancellor of the Exchequer Read more
U.S. stock futures surge after Wall Street’s best week since June
U.S. stock futures surged out of the gate late Sunday, after Wall Street notched its best week since June. Dow Jones Industrial Average futures YM00, +0.64% jumped more than 200 Read more