Pound Sterling plummets on surprisingly upbeat US job demand
The Pound Sterling (GBP) continues underperforming its major peers, rattled by rising borrowing costs on the United Kingdom ...
Trader confidence in sterling takes a dive on bond market turmoil
Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...
Deutsche recommends selling sterling on broad, trade-weighted basis
Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as Britain's current ...
EUR/GBP extends the rally above 0.8350 amid UK fiscal concerns
The Eurozone December inflation data has pushed back expectations that the ECB will deliver a jumbo rate cut.
Pound sterling sinks and gilt yields rise after US jobs report
The pound plummeted against the dollar while gilt yields came under further pressure after new figures revealed the continued ...
Sterling falls for fourth straight day to hit 14-month low after US jobs data, 30-year gilts highest since July 1998
Sterling falls for fourth straight day to hit 14-month low after US jobs data, 30-year gilts highest since July 1998 ...
Sterling's fall a problem and solution in UK gilt jolt: Mike Dolan
The new year's alarming spike in British government bond yields owes much to a sharp rise in global sovereign borrowing costs ...
Growth, jobs, stability and now the pound – Rachel Reeves destroys everything she touches
Labour chancellor Rachel Reeves has the reverse Midas touch. Instead of turning things into gold, she tarnishes everything ...
Putting some perspective on Britain’s bad markets week
Wednesday was a bad day for Great British assets: sterling and gilts both fell at the same time, which is generally and ...
Sterling slides for a fourth day, gilt yields rise for fifth
The pound was down 0.12% against the dollar at $1.2292 , having slid 0.3% earlier in the day, and hovered close to Thursday's 14-month low of $1.2239 ...
Sterling hits 14-month low as gilt yields jump after US jobs data
By Greta Rosen Fondahn (Reuters) -British assets remained under pressure on Friday from elevated global borrowing costs, with ...
Deutsche Bank says sell the pound
Deutsche Bank strategist Shreyas Gopal says to sell the struggling British pound, the worst-performing currency in the young new year. Falling export orders and a reversal in energy prices is putting ...