The global bond market selloff has spread to gilts and prompted investors to trim overweight sterling positions, ING said, but expects the rise in EUR/GBP to be capped at 0.8500 and sees GBP/USD ...
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Pound Sterling has plummeted to its lowest level since 2023, with Rachel Reeves failing to calm spooked markets. The currency ...
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Dollar strength is causing some problems, especially for Japan, China and many emerging markets, ING’s FX analysts note.
GBP/USD consoldiates near 14-month lows below 1.2300 in European trading on Thursday. The pair bears the brunt of the UK bond ...
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a ...
The pound headed for its biggest three-day drop in nearly two years on Thursday, under pressure from a sell-off in global ...