iPath® GBP/USD Exchange Rate ETN
Latest iPath® GBP/USD Exchange Rate ETN News and Updates
Bank of England Raises Interest Rate to 0.50%
The BOE (Bank of England) in its November meeting increased its benchmark interest rates from 0.25% to 0.50%.
Factors that Drove the British Pound over 1.38 against the Dollar
During the week ended January 29, 2018, British equity markets (BWX) were supported by the prospect of a soft Brexit.
Why a Soft Brexit Possibility Is Driving the British Pound Higher
The gains in the British pound were driven by the higher chances of a soft Brexit deal, which could see economic relations between the UK and the EU remain mostly unchanged.
Will the Pound Gain with Signs of a Soft Brexit?
The British pound (FXB) (GBB) continued to appreciate against the US dollar in the first week of 2018, rising 0.41% against the dollar (UUP).
Why the IMF Sees Continued Uncertainty in the UK
The International Monetary Fund (or IMF), in its October world economic outlook, downgraded its growth outlook for the United Kingdom.
Why the British Pound Fell—Despite the Bank of England’s Rate Hike
The British pound depreciated 1.41% against the US dollar after the policy statement from the BOE (Bank of England) on November 2.
Why the Bank of England Wants Inflation to Fall
The central bank said that the key reason for such sharp increase in prices was due to the depreciation of the British pound after the Brexit referendum.
Why the British Pound Appreciated by 1.5% Last Week
The British Pound (FXB) appreciated by more than 2% against the US dollar last week. The pound (GBB) closed for the week at 1.3288, appreciating by 1.69% against the US dollar (UUP).
Why British Pound Speculators Turned Bullish after 22 Months
The British pound (FXB) depreciated against the US dollar for the week ended September 29. The pound (GBB) posted a weekly close of 1.3397, depreciating by 0.71% against the US dollar (UUP).
Will Inflation and Unemployment Push the BOE to Raise Rates?
Inflation in the United Kingdom has been on a higher trajectory with consumer prices in the United Kingdom rising 2.9% in August year-over-year.
Why the British Pound Rallied to 15-Month High
The British pound (FXB) appreciated against the US dollar for the week ending September 15.
The Reason behind the Sharp Gains in the British Pound
The British pound (FXB) appreciated against the US dollar for the week ended September 8, 2017. The pound closed at 1.32, appreciating 1.9% against the US dollar.
Can the British Pound Continue to Remain Strong This Week?
The British pound (FXB) appreciated marginally against the US dollar for the week ended September 1, 2017.
Round 3: Will Brexit Negotiations Help the British Pound?
The British pound (FXB) remained unchanged against the US dollar for the week ending August 25. The pound (GBB) closed the week at 1.2887.
Here’s Why the British Pound Could Be Headed for Further Losses
The British pound (FXB) was one of the worst performers in the week ending August 18.
Why the British Pound Has an Important Week Ahead
The British pound (FXB) had another negative week as a dovish statement from the Bank of England continued to drag the currency lower.
Chart in Focus: A Look at the British Pound
The British pound recorded another multi-month high of 1.3266 against the US dollar before the Bank of England announced its inflation report and interest rate decision on August 3.
Why the British Pound Failed to Stay above 1.30
Investors not confident the Bank of England will raise rates The British pound (FXB) has had a roller coaster ride over the last few weeks, as mixed signals were given by the Bank of England. After a hawkish tone at its June meeting, the Bank of England has turned dovish in recent weeks. The British pound […]Macroeconomic Analysis Is the British Pound Facing the Risk of Stagnation?
Economic data from the United Kingdom showed unexpected signs of a slowdown last week, with weaker-than-expected data reported in trade, production, and house prices.
How Currencies Have Reacted since the Brexit Decision
The British pound (FXB) (GBB) is trading at 31-year low of 1.25 as of February 2017, its lowest level since 1985. The currency fell ~11% in 2016.