The pound has made a slight recovery this morning, trading at $1.3172, after suffering a sharp decline of over 1% yesterday.
Governor Bailey's comments triggered a 1% drop in the pound, suggesting faster rate cuts if inflation keeps falling.
FTSE 100 closed down 0.1% amid rising oil prices and geopolitical tensions, with Tesco and Marston's seeing notable gains.
The SEC has filed an appeal over the Ripple Labs ruling, challenging limits on its crypto regulatory authority.
PayPal has launched a feature for US merchants to buy, hold, and sell cryptocurrency, expanding its crypto services.
FTSE 100 closed down 0.2% as BP and Shell fell; Rentokil surged on board changes while Flutter announced a buyback.
The FTSE 100 fell 0.2%, impacted by strong US jobs data dimming hopes for deeper Federal Reserve rate cuts.
Gold holds steady, trading near its all-time high, as markets await Jerome Powell’s speech and key U.S. economic data. Gold has begun the day firm, trading just below its all-time high. Spot gold (XAU ...