MUFG expects that dollar strength will dominate initially with GBP/USD sliding to below 1.20 during the first quarter of 2025 ...

The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern about the outlook for ...

The UK bond market managed to stabilise during the European session, which helped trigger a tentative Pound recovery. After slumping to 13-month lows at 1.2240, the Pound to Dollar (GBP/USD ...

THE pound has dropped to its lowest level against the US dollar since November 2023. It follows a sharp increase in UK government borrowing ... The fall has seen £1 worth less than $1.23 for ...

and UK government bond yields have ticked higher as UK risk assets remain under pressure. The pound fell below $1.23 against the dollar in early trade and is currently down 0.7 per cent against ...

Sterling also revisited its November low against the euro with £1 worth 1.19 euros. Prices and rates Gilt yields have climbed and the greenback has gained against the pound because of the UK's ...