british pound

Bitcoin (CRYPTO: BTC) is moving rapidly towards the $70,000 mark, but it has already set an all-time high in another big currency, the euro. What Happened: Bitcoin hit a new all-time high in euro, trading as high as EUR61,558.63 in Monday trading per Tradingview data. In doing so, it...

Bitcoin (CRYPTO: BTC) has broken past the $1 trillion market capitalization mark. The digital asset hit new all-time highs in several currencies, such as the New Zealand dollar, Russian ruble and Norwegian krone. After touching a peak in currencies like the Japanese Yen in...

Mastercard Inc (NYSE: MA) partnered with the Australian stablecoin platform, Stables, to launch a stablecoin digital wallet integration that will allow retail customers in the Asia-Pacific (APAC) region to spend their stablecoins anywhere Mastercard is accepted. The collaboration includes...

The United Kingdom Prime Minister Liz Truss has dropped a plan to reduce taxes for the highest earners, giving some much-needed respite for the battered pound. The move comes just 10 days after the plan was announced, in the wake of a rebellion from members of Parliament in her own Conservative...

The S&P 500 closed out a brutal third quarter on a low note this week, hitting new 52-week lows. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures (PCE) price index gained 6.2% year-over-year in the month of August, down from a 6.3% PCE inflation in July...

Bitcoin (CRYPTO: BTC) could make strides in the United Kingdom, amid fears of monetary instability affecting the British pound (GBP), some experts suggest. What Happened: Market data shared on Sept. 27 by James Butterfill — head of research at digital asset manager...

U.S. Treasury Secretary Janet Yellen said the United States was monitoring developments in Britain after the government announced a fiscal program that dragged the pound to a record low against the dollar. What Happened: The financial turmoil seen in recent days appeared to be confined to...

Firms listed in the United Kingdom are likely to make dividend payments to the tune of $115 billion this year as sterling’s weakness is expected to push up the translated value of dollar-declared payouts, according to Reuters, which cited a report by analytics company Link Group. The...

Early in another August week, the British Pound is slowly falling against the USD. GBP/USD remains under pressure within the mid-term downtrend and is mostly trading at 1.3847. The GDP statistics for the second quarter of 2021 published by the United Kingdom were pretty much as expected, so market...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. GBP/USD Current price: 1.4107 UK Prime Minister Johnson confirmed lockdown measures extend to July 19. The UK will publish employment-...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. UK PM Boris Johnson reiterated they are on track to fully reopen on June 21. UK money-related figures were mixed in April, Mortgage...

GBP/USD Current price: 1.4159 BOE’s Governor Bailey said they would be watching inflation “very carefully.” UK health officials noted that local vaccines are effective against the Indian strain. GBP/USD is neutral in the near-term, but bulls hold the grip. The GBP/USD pair...

GBP/USD Current price: 1.4187 UK Brexit Minister David Frost recognized that the UK failed to secure the wanted agreement. UK Retail Sales are foreseen surging a whopping 36.8% YoY in April. GBP/USD continues to depend on how investors see US inflation developments. The GBP/USD pair bounced...

GBP/USD Current price: 1.4140 BOE to focus on returning inflation sustainably to target, according to Vlieghe. The UK will release employment-related data on Tuesday. GBP/USD is poised to extend its advance beyond 1.4200 in the near-term. The GBP/USD pair surged in the final trading session on...

European indices are witnessing a bloodbath on Wednesday as a rising second wave of the coronavirus infections leads to fears of a lockdown. The negative sentiment impacts global markets, with the Dow futures receding 1.58% and the S&P500 futures plunging 1.23% at last check, and a mixed...