For example, if it looked as though the UK would default on its debt, foreign investors might dispose of their holdings of UK bonds – causing depreciation in Pound Sterling.
The Pound Sterling gains even though BoE official Catherine Mann is concerned over weak demand and guides cracks in the labor market. US President Trump imposes 25% tariffs on steel and aluminum ...
The Pound Sterling gives up gains against its major peers on Tuesday after the UK labor market data showed weak labor demand. UK labor demand remained weak as employers dissented from the ...
Sterling jumped on Thursday after data showed the British economy unexpectedly grew in the final quarter of last year, ...
The poor performance of the pound has continued its streak as the worst performing currency in the G10. “Sterling continues to trade on a soft footing and its losses could extend this week ...
The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern about the outlook for the British economy, following January's bond market turmoil and in light ...
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