The British pound undefined fell below $1.30 on Friday, trading at the lowest level since November 2020. The U.K. currency has been pressured as the Bank of...
The British pound GBPUSD, -0.67% fell below $1.30 on Friday, trading at the lowest level since November 2020. The U.K.
currency has been pressured as the Bank of England, despite being further along with rate increases than the U.S. Federal Reserve, has expressed caution about how high it can take rates. The U.K. currency also has been correlated with U.S. equities, and the S&P 500 has dropped about 6% this year and opened lower on Friday.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York Jets donating $1 million to aid relief efforts in UkraineThe mother of Suzanne Johnson, the wife of Jets owner Woody Johnson, was born to Ukrainian immigrant parents, while her father, Stefan Ircha, was from Ternopil -- a town outside of battle-rocked Kyiv.
Read more »
Retired cop hurt in N.J. road-rage attack awarded $1.6M judgmentMatthew Lee, then 70, was attacked at at a shopping center in Hamilton in June 2016.
Read more »
State Democrats reach Illinois state budget deal, Gov. Pritzker touts $1.8B in relief for taxpayersAn Illinois budget deal has been reached between Democrats in the state House and Senate, which Gov. JB Pritzker says features $1.8B in tax relief.
Read more »
GBP/USD to tank towards September 2020 low near 1.2675 on a drop below 1.30 – BBHThe dollar remains firm. Economists at BBH expect the EUR/USD pair to test the March 7 low near 1.0805 while GBP/USD could tackle the September 2020 l
Read more »