Sterling extends gains as BoE hike odds hit 89.2% and UK GDP beats forecast
Sterling extended its advance on Wednesday after stronger UK GDP data landed on top of a Bank of England repricing…
GBP/USD News
Latest GBP/USD news — Bank of England rate decisions, UK economic data, Brexit developments and sterling dollar price analysis.
GBP / USD
live price
1.32416
+0.04%
UK Q2 GDP revised up to 0.5%, fastest growth in the G7
Britain's economy grew faster than first reported in the second quarter, with the Office for National Statistics revising GDP growth…
BoE’s Taylor doubts practicality of single rate hike, says energy prices alone won’t force a move
Bank of England policymaker Alan Taylor said Tuesday he does not see a compelling case to raise interest rates, casting…
Bank of England may raise rates if inflation pressures build
Bank of England Deputy Governor Dave Ramsden says the central bank could raise interest rates if inflation pressures keep building,…
Dollar holds firm as US-Iran tensions lift oil, hawkish Fed bets build
The dollar held near a two-month high on Monday as the US-Iran standoff pushed oil prices and bond yields higher,…
