GBP/USD forecast ahead of BoE interest rate decision
The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped to a low of 1.2400, down from this week’s high of 1.2500 as focus shifts to the upcoming US personal consumption expenditure (PCE) data and Bank of England (BoE) decision.
Sterling Extends Losses After BOE Cuts Rates
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t anticipated.
Bank of England cuts rates by 25 bps, as expected
The Bank of England cuts interest rates by 25 basis points for the third time in the current cycle, with inflation concerns lingering.
Yen hits 8-week high, sterling drops after Bank of England rate cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of England cut rates.
Sterling Could Fall if Strong Majority of BOE Officials Back Rate Cut
Sterling weakened against the dollar and could fall further if the BOE votes 8-1 to cut interest rates and downgrades its economic growth forecasts, ING said.
Pound Sterling Drops Sharply as Bank of England Cuts Interest Rates
The pound sterling fell sharply following the Bank of England’s decision to cut interest rates, a move aimed at supporting the struggling UK economy amid ongoing concerns over sluggish growth and rising inflation.
Yen hits 8-week high; sterling drops after BoE cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of England eased policy.
GBP/USD trades with negative bias around 1.2425 area, US NFP report awaited
The GBP/USD pair struggles to capitalize on the overnight bounce from a multi-day low and trades with a mild negative bias, ...
US Dollar Forecast: Will Strong Jobs Data Lift USD? GBP/USD and EUR/USD Outlook
US jobs report in focus—can a strong payroll print extend USD’s rally? Watch key levels for GBP/USD and EUR/USD price action.
Новости Украины1d
UK allocates GBP 55 million aid package to Ukraine: what funds are for
During a visit to Kyiv today, February 5, the Prime Minister of the UK, David Lammy, announced the allocation of a new ...
EUR/GBP rises to near 0.8350, upside seems limited due to potential Trump’s tariffs on EU
EUR/GBP continues its upward trajectory for the fourth consecutive day, trading around 0.8350 during Friday’s Asian session.
devdiscourse15h
London's Bold Crackdown on Mobile Phone Theft: A New Era of Policing
Scotland Yard's intensified operation targets the GBP 50 million-a-year stolen smartphone trade in London, arresting 230 ...
Новости Украины2d
GBP 2 billion for air defense. Rada ratifies agreement with UK
The Verkhovna Rada ratified the agreement between the governments of Ukraine and Britain on official credit support for the ...
US Dollar Forecast: ADP Jobs Data Lifts DXY, GBP/USD and EUR/USD Outlook
US Dollar gains after ADP jobs data beats forecasts, while ISM PMI misses expectations. How will GBP/USD and EUR/USD react?
Exchange Rates3d
Pound To Euro Rate News: GBP/EUR Soars As Trump Levels Tariff Threat At EU
The Pound to Euro (GBP/EUR) exchange rate traded close to its best levels since the start of 2025 on Monday as Donald Trump ...
Forbes3d
Convert Euro To British Pound Sterling
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Rentenbank issues GBP 500m in fixed rate notes
LONDON - Landwirtschaftliche Rentenbank, supported by the Federal Republic of Germany as guarantor, has successfully issued GBP 500 million in fixed-rate notes due January 10, 2030, with a coupon of 4 ...