The Pound Sterling surged by over 0.1% on Tuesday, reaching around $1.30 for the first time since November after the U.S. presidential elections. The pound later dropped by around 0.2% to $1.297. The ...

For the ‘Greenback’, US jobs data is also due out on Tuesday, including the non-farm payrolls figures for October and ...

Excessive government spending is hurting the pound against the dollar. Price caps and record high inflation is also a factor for a weak pound. The U.S. dollar is rallying as investors seek a safe ...

(Bloomberg) -- The pound’s peer-beating rally received another boost this week as an interest-rate cut by the Bank of England next month became virtually unthinkable to traders. Sterling is poised for ...

The Pound (GBP) advanced on Tuesday, finding support despite fresh evidence that the UK labour market is losing some momentum ...

Food inflation might be easing, but the meat sector still is being impacted by the sky-high price increases of the last several years. While meat prices rose 1.1% in 2023 for an average of $4.46 a ...

The Bank of England had to step in Wednesday after markets deemed a new government economic plan unwise, but the pound has been on a longer slide. Credit...Suzie Howell for The New York Times ...