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

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

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 ...