Six months ago, to fight domestic inflation and to check a flight from sterling so headlong that devaluation seemed due, the Bank of England hiked its bank rate sharply from 5% to 7%, the highest ...

Historically, the British pound sterling has been stronger than many other currencies, including the U.S. dollar. The pound’s value was double that of the U.S. dollar as recently as 2007. In ...

Improving market mood on the Iran-Israel ceasefire supports the pair's climb.

The GBP hit a 22-month high against the euro today as fears grew about the strength of Spain’s economy. A pound sterling exchanged at 1.23 euros as the UK was seen as a “safe haven” after ...

In September, sterling gained more than 1% against a broad basket of trading currencies, according to data from the Bank of England. Year-to-date, it is up 4.7%, thanks to gains of 4.7% and 4.1% ...

The Pound Sterling (GBP) trades cautiously against its major peers on Thursday ahead of the Bank of England’s (BoE) monetary ...

The pound was mocked as the “Great British Peso” not long ago. Suddenly, ... In September, sterling gained more than 1% against a broad basket of trading currencies, ...