News
Pound to Euro Rate Poised at Key Level
3+ hour, 39+ min ago (810+ words) Live Charts & Data | Transfer Money | Buy Travel Money The pound to euro exchange rate (GBP/EUR) has edged to 1.1476 in Tuesday's holiday-thinned trade, putting it close to the two-month high reached on Christmas Day at 1.1482. Tuesday's slight rise is nevertheless…...
Pound Sterling Holds Firm Near the Highs
1+ day, 6+ hour ago (706+ words) Live Charts & Data | Transfer Money | Buy Travel Money Gains for sterling through year-end coincide with positive investor sentiment in global financial markets, which are typically supportive of the UK currency. With little by way of data or events to trouble…...
Pound Hits Four-month High
6+ day, 5+ hour ago (764+ words) Live Charts & Data | Transfer Money | Buy Travel Money Gains for the pound sterling come amidst holiday-thinned trading conditions and a classic Santa rally; with the major economic news releases out of the way, broader sentiment takes control of currency markets....
Pound Sterling's "Cupboard is Bare" Warns NatWest 2026 Forecast
1+ week, 6+ hour ago (1037+ words) Live Charts & Data | Transfer Money | Buy Travel Money "Something will have to change if the currency isn't to weaken further," the bank says in a year-ahead forecast note. NatWest argues that sterling failed to draw lasting support from its healthy…...
Pound Sterling Rises against Euro and Dollar Following Bank of England Decision
1+ week, 5+ day ago (750+ words) Live Charts & Data | Transfer Money | Buy Travel Money File image of Andrew Bailey, credit: Bank of England. The British pound rose against the euro, dollar and other major currencies after the Bank of England lowered interest rates by 25 basis points…...
Bank of England Interest Rate Forecast Update Post-CPI
1+ week, 6+ day ago (588+ words) Businesses and households can look forward to lower borrowing rates as the likelihood of a rate reduction on Thursday is now a nailed-on certainty. Money markets - specifically the OIS curve - shows another rate cut in the first half of 2025 is…...
Pound Sterling Under Pressure Against Euro and Dollar After Big Fall in Inflation
1+ week, 6+ day ago (693+ words) Live Charts & Data | Transfer Money | Buy Travel Money The ONS reported inflation was at 3.2% y/y in November, which was well below the consensus estimate for 3.5% y/y. In the month of November, inflation actually fell by 0.2% m/m. This was softer…...
Pound-to-Dollar Week Ahead Forecast: Downside Risks in a Big Data Week
2+ week, 1+ day ago (1031+ words) Live Charts & Data | Transfer Money | Buy Travel Money Although pound sterling's outlook has softened against the euro and other currencies, it remains well supported and holds a short-term uptrend against the dollar. GBP/USD spiked to 1.3438 last week before an…...
Bank of England to Cut Four More Times in Response to Economic Slump
2+ week, 4+ day ago (625+ words) Berenberg economist Andrew Wishart says the central bank is likely to reduce Bank Rate from 4.00% today to 3.00% by July 2026, a more aggressive easing cycle than he and colleagues previously anticipated. The first cut could arrive as soon as next Thursday,…...
Bank of England to Gift Reeves an Early Christmas Present
1+ mon, 2+ day ago (846+ words) The Bank will lower Bank Rate 25 basis points to 3.75% after judging that a number of measures in the budget will contribute to lower inflation in the coming months. It will assess that lower rates can help stimulate a moribund economy,…...