Bank of England

Sterling bounced back above $1.22 on Wednesday, enjoying a respite after four days of falls that took it to the lowest in 2-1/2 years earlier in the week. ...

Sterling sunk more than 1% to a 28-month low on Monday, as more investors scrambled to factor in the growing risk of a no-deal Brexit and the chance ...

The British pound weakened on Friday, weighed down by European Commission President Jean-Claude Juncker’s telling Britain’s new prime minister, Boris Johnson, that a deal agreed by his predecessor ...

The British sterling fell back towards six-month lows against the dollar and the euro on Monday, with traders still nervous about a loss of momentum in the UK ...

The pound was set for a record 10th week of consecutive losses against the euro on Friday as weak data and the growing possibility of interest rate cuts ...

Britain’s economic gloom and a fast-approaching Brexit deadline kept sterling near two-year lows on Wednesday, while diplomatic spats with the United States and China highlighted the country’s troubled ...

The British sterling fell towards its lowest levels in more than two years on Tuesday against the backdrop of a worsening economic outlook and rising fears about a ...

The dollar held near three-week highs on Monday, keeping its gains after last week’s strong U.S. jobs data lowered expectations for a sharp Federal Reserve interest rate cut. ...

Sterling hovered near a six-month low against the dollar on Monday as investors continued to bet on lower British interest rates and added to their short positions on ...

The British sterling hit a six-month low on Friday, having lost more than 1% over the week against the dollar after poor economic data and a rise in ...

The euro was stuck near two-week lows on Thursday and the dollar drifted away from recent highs as sliding government bond yields pressured both currencies. The global bond ...

Sterling held near two-week lows on Thursday after weak economic data and a global drop in government bond yields raised expectations that the Bank of England’s next policy ...

George Osborne is preparing the ground for a bid to become the next boss of the International Monetary Fund (IMF), it has emerged. The former chancellor is weighing ...

Gold steadied on Wednesday, paring gains from earlier in the session as a rally in equities took some shine off the non-yielding metal, while global growth concerns and ...

Sterling and gilt yields fell on Wednesday as economic data reinforced money markets’ view that the Bank of England would join its central bank counterparts in cutting interest ...

Dollar weakness allowed the pound to briefly scale a one-month high on Tuesday, though the risk of no-deal Brexit stemming from the Conservative Party leadership contest kept the ...

Sterling on Friday slipped to a whisker off recent five-month lows against the euro after Brexiteer Boris Johnson moved closer to becoming British prime minister, worrying investors that ...

France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, ...

Sterling gave up some of its gains versus the dollar and dropped against the euro on Thursday after the Bank of England slashed its second-quarter growth forecast and ...

The pound edged higher for a second day on Wednesday, breaking a six-week losing streak, as investors trimmed some large short bets against the British currency built up ...