Tag:

Sterling

Sterling drops on Trump Iran strike comments

The British pound fell sharply on Thursday as rising geopolitical tensions in the Middle East boosted demand for the U.S. dollar and triggered a broader move away from risk-sensitive currencies.

02 Apr 2026-12:30
Sterling tumbles as Middle East conflict pushes oil higher

The British pound fell to its lowest level in three months on Tuesday, as escalating Middle East tensions drove oil prices higher, stoking inflation fears and causing traders to scale back bets on potential Bank of England rate cuts.

03 Mar 2026-17:33
Sterling falls as UK political crisis, rate-cut bets grow

The British pound weakened against major currencies on Monday as political turmoil surrounding Prime Minister Keir Starmer and expectations of interest rate cuts weighed on investor confidence.

09 Feb 2026-12:59
Sterling falls for third day as dollar strengthens

Sterling was set for a third straight decline against a stronger U.S. dollar on Thursday, as cautious market sentiment weighed on the British currency.

08 Jan 2026-16:47
Sterling rises after narrow BoE rate cut decision

The British pound strengthened on Thursday after the Bank of England (BoE) delivered a cautious interest rate cut in a closely divided vote, signalling limited room for further monetary easing.

18 Dec 2025-16:54
Pound falls after UK GDP shrinks unexpectedly

The British pound dipped on Friday after data revealed the UK economy unexpectedly contracted in the three months to October. Economic activity fell by 0.1% from August to October, with October alone also down 0.1%, according to the Office for National Statistics. Analysts had predicted no growth during this period.

12 Dec 2025-11:30
Sterling holds steady after biggest daily rise since April

The pound stabilised against the U.S. dollar on Thursday, pausing after its strongest one-day surge since April. The currency had climbed more than 1% on Wednesday following an upward revision to key UK business activity data, offering a more positive view of the economic outlook.

04 Dec 2025-14:59
Pound climbs to 5-week high against Dollar

Sterling strengthened on Wednesday, rising against both the euro and the U.S. dollar as investors reacted to shifting interest rate expectations and signs of a more resilient UK economy.

03 Dec 2025-15:34
Pound stabilizes after last week’s market swings

Sterling steadied on Monday after last week’s sharp fluctuations, trading slightly stronger against the euro and holding steady versus the dollar. The pound remains well above recent lows following Friday’s turbulence, which saw its weakest level against the euro since early 2023.

17 Nov 2025-16:45
Sterling edges higher but UK growth data limits gains

The British pound strengthened slightly on Thursday, lifted by renewed investor appetite for risk following a U.S. government deal to end its record-long shutdown. However, gains were capped by weak UK economic data showing sluggish growth.

13 Nov 2025-15:49