A history of the Pound Sterling
Read the article to discover interesting facts about the pound, the official currency of the United Kingdom.
Tag: pound
Pound Sterling Rises on Better-than-Expected Data and Cheerful Market Mood
The pound (GBP) continued to rise on Tuesday as market sentiment has improved and the UK reported relatively better-than-expected data.
Pound is Out of the Woods on Hotter than Expected Inflation
GBP recovered and attracted investor interest after the release of the United Kingdom’s ONS reported on inflation.
Pound Rises on Improved Market Sentiment
The improved market sentiment and hawkish comments from Bank of England (BoE) policymaker Katherine Mann have supported the pound.
Pound Falls as BoE Reluctant to Raise Interest Rates Further
The pound fell as the Bank of England (BoE) Governor Andrew Bailey stressed that the interest rate hiking cycle was now close to an end.
UK Inflation Falls Below Expectations: Will BoE Turn Dovish?
In the City, investors and economists are now wondering whether the Bank of England (BoE) will become less aggressive.
Sterling Faces Challenges as UK Inflation Data Takes Centre Stage
Pound Sterling has been grappling with significant challenges ahead of the upcoming UK inflation data.
Pound Falls on Disappointing UK Manufacturing and Services PMI
The UK Manufacturing and Services PMI data dropped below expectations, pushing the pound lower.
How will Markets Respond to Super Thursday?
The GBP/USD pair has weakened on Thursday morning, as cautious sentiment prevailed in the market ahead of Bank of England’s monetary policy meeting.
GBP/USD Rises Ahead of BoE Interest Rate Hike on Thursday
GBP/USD recovered after taking a break during the UK holiday on Monday.