“The Singapore dollar is usually considered a haven currency compared to Southeast Asian peer currencies,” said Max Lin, Asia FX and rates strategist at Credit Suisse....
Analysts expect the Bank of England may need to raise interest rates more aggressively following market turbulence on Monday morning. Sopa Images | Lightrocket | Getty...
The British pound plunged to a record low on Monday morning in Asia, following last week’s announcement by the new U.K. government that it would implement...
Giorgia Meloni and her far-right Brothers of Italy party top vote in Italian elections, exit poll shows Giorgia Meloni seen speaking during the campaign. Giorgia Meloni,...
Sterling hit a record low. Matt Cardy | Getty Images Critics say those economic measures will disproportionately benefit the wealthy and could see the U.K. take...
Truss has now put the country on an economic road completely at odds with most, if not all, major global economies. Hannah Mckay | Reuters U.K....
Sterling hit its lowest level since Jul. 1, 2020. Matt Cardy | Getty Images The embattled British pound fell 1.95% Friday against the dollar, after the...
The Bank of England warned that the U.K. will enter recession later this year. The expected recession is forecast to be the longest since the global...
Bank of England Governor Andrew Bailey has reiterated his commitment to reining in inflation, but the Bank faces a difficult balancing act as growth slows and...
ONS figures showed that real wages in the U.K. over the three months to May experienced their steepest decline since records began in 2001. Henry Nicholls...
