The Pound Sterling surged by over 0.1% on Tuesday, reaching around $1.30 for the first time since November after the U.S. presidential elections. The pound later dropped by around 0.2% to $1.297. The ...

Meanwhile, the Pound (GBP) traded in a narrow range after the UK’s own manufacturing PMI confirmed the factory sector’s ...

Excessive government spending is hurting the pound against the dollar. Price caps and record high inflation is also a factor for a weak pound. The U.S. dollar is rallying as investors seek a safe ...

The Pound US Dollar ( GBP/USD) exchange rate wavered in a narrow range on Tuesday as trading conditions thinned out ahead of ...

Food inflation might be easing, but the meat sector still is being impacted by the sky-high price increases of the last several years. While meat prices rose 1.1% in 2023 for an average of $4.46 a ...

The Bank of England had to step in Wednesday after markets deemed a new government economic plan unwise, but the pound has been on a longer slide. Credit...Suzie Howell for The New York Times ...