The GBP/USD exchange rate pulled back slightly after the Federal Reserve interest rate decision and US GDP data. It dropped ...

Against this backdrop, the ECB’s communication in the policy statement and President Lagarde’s comments will hold the key to ...

The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect ...

Residential mortgage approvals increased slightly to 66,500 in December, compared to a decrease of 2,300 in November.

The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster ...

Pricing for short- and long-dated European and American options to buy Pounds vs. U.S. dollars at a strike price of 1.2500 for quarterly maturities out to 20 years is shown below. Note that the data ...

Pricing for short- and long-dated European and American options to buy pounds versus U.S. dollars at a strike price of 1.2200 ...

A year ago, financial markets had expected the Bank of England to slash rates to 4pc by the start of 2025. Instead the base rate is at 4.75pc and traders do not expect a fall to 4pc until late ...

Shares in British banks made modest gains in early trading after the Bank of England announcement, with Barclays up 0.8%, Lloyds up 0.5% and HSBC up 0.1%, compared to a 0.8% gain for the wider ...

"One of the reasons for that, is the U.K. base rate is still significantly higher than many markets around the world, so when you come to talk about what the Bank of England are likely to do at ...