Sterling Could Stay Weaker in Near-Term After U.K. GDP Data Misses Forecasts
Sterling fell against the dollar and could stay under pressure in the near term after U.K. economic growth data Thursday missed expectations, Monex Europe said.
Pound Sterling Price News and Forecast: GBP slides as UK economy barely grow in November
Pound Sterling slides as UK economy barely grow in November. The Pound Sterling faces selling pressure in Thursday’s European ...
Sterling dips after data shows slower UK economic growth
The pound fell on Thursday after data showed the British economy grew more slowly than expected in November, which could give ...
Sterling drops against yen, dollar and euro
Sterling dropped sharply against the yen and also weakened versus the dollar and the euro on Thursday as investors focused on ...
BoE’s Taylor: Central bank should cut rates pre-emptively
The Bank of England (BoE) policymaker Alan Taylor said on Wednesday that the BoE should move quickly to cut interest rates ...