LONDON, May 17 The British pound rose to its highest level since May 5 today as strong labour market data reinforced expectations that the Bank of England (BoE) will need to continue raising interest rates to fight high inflation. Britain’s unemployment rate fell to its lowest since 1974 in.
LONDON, April 8 Sterling fell to its lowest level since mid-March against a strengthening dollar while being close to its 2-week high versus the euro, with investors still focused on central banks’ monetary tightening. European Central Bank policymakers appeared keen to unwind stimulus at.
LONDON, March 30 The British pound fell to its weakest level against the euro in over three months today but rose against the US dollar amid hopes of progress in Russia-Ukraine peace talks. Russia yesterday promised to scale back its military operations near the Ukrainian cities of Kyiv and.