The EURGBP pair regained ground on Wednesday following the release of downbeat consumer price index (CPI) data from the UK, trading around 0.8340 in...
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The EURGBP cross extended its upside to near 0.8375 in early European trading on Friday. The Pound Sterling remains under selling pressure amid concerns about the UK’s fiscal outlook and the Bank of England’s ability to control inflation. The significant depreciation of the GBP came after a rise in the yields of the UK benchmark 10-year treasury bonds to their highest level since 2008. The high costs of UK debt have raised significant concerns about the financial situation in the UK, resulting in a sharp decline in the British pound. Bank of England Deputy Governor Sarah Breeden said on Thursday
The EURGBP pair regained ground on Wednesday following the release of downbeat consumer price index (CPI) data from the UK, trading around 0.8340 in...
In a move anticipated by many, the South African Reserve Bank (SARB) has decided to keep its benchmark interest rate unchanged at 7.5% following a...
UK’s chancellor of the exchequer Rachel Reeves plans £6bn reduction in spending to remain within her fiscal target
UK’s chancellor of the exchequer Rachel Reeves plans £6bn reduction in spending to remain within her fiscal target
The pound sterling dropped 0.29% against the US dollar on Friday, set to end the week unchanged after major central banks featured dovish monetary...
Linklaters advised Paragon Bank PLC on the deal. Paragon Bank PLC, a leading UK specialist lender and savings bank, completed the establishment of its...
The Pound Sterling trimmed some of its earlier gains versus the US dollar on Monday, starting the week on an upbeat mood after Flash PMIs in both...
DEADLINE: 26TH MARCH, 2025CENTRAL BANK OF NIGERIA (CBN)www.cbn.gov.ngINVITATION TO TENDER FOR NIGERIAN TREASURY BILLS Notice is hereby given by the...
Treasury Secretary Scott Bessent can’t stop talking about 10-year bond yields. In speeches, in interviews, week after week, he states and restates...
Treasury Secretary Scott Bessent can’t stop talking about 10-year bond yields. In speeches, in interviews, week after week, he states and restates...