Sustained USD weakness helped the Pound Sterling build on its recovery momentum, driving GBP/USD to test the 1.2550 level – its highest point in a month. The turnaround, however, was short-lived as ...
Sterling was weaker against the dollar after the BOE cut interest rates by 25bp, a decision that was widely expected, but two members preferred a 50 basis-point reduction, which analysts hadn’t ...
That came after U.S. Treasury Secretary Scott Bessent reiterated the existing long-term debt sale plan and said the Trump administration is minded to inject downward pressure on the 10-year Treasury ...