The British Pound has plummeted to its lowest level against the U.S. Dollar since 1985 as a sell-off that started in late February continues virtually uninterrupted, but the move has caught the attention of the new Bank of England Governor Andrew Bailey.
March 18,2020
Forget Brexit, the Coronavirus market meltdown and ensuing recession will deliver record lows for Sterling against the Euro and U.S. Dollar.
March 18,2020
The British Pound has suffered substantial losses in value against the Dollar, Euro and the majority of the world's major currencies amidst rising expectations that the Bank of England will introduce a fresh batch of quantitative easing in the near-future.
March 17,2020
The British Pound starts the new week under pressure against the Euro and U.S. Dollar, with global investor sentiment being firmly in control of how the UK currency performs.
March 16,2020
The Norwegian Krone strengthened Friday, forcing the GBP/NOK rate back from multi-year highs even after the Norges Bank announced a large and unscheduled interest rate cut to support the economy as it grapples with one of the fastest per-capita coronavirus growth rates in the world.
March 13,2020
The British Pound suffered significant declines against the Euro and U.S. Dollar over the course of the past 24 hours amidst a fresh meltdown in global stock markets and the currency remains locked in downward trends against its two main rivals.
March 13,2020
Global stock markets are in free-fall once more and the British Pound is finding itself under significant pressure in the current market atmosphere.
March 12,2020
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