The British pound just crashed 5% to a 37-year low against the US dollar today — here’s why currency carnage continues across the pond On Monday, the British pound dropped to a record low against the ...
Tag: British
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike – Bitcoin News
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal...
Larry Summers called it again on the collapse of the British pound. Here’s how much worse it could get, analysts say
Britain’s currency is in trouble—and things could still get a lot worse for sterling, experts warn. The British pound crashed to an all-time low below $1.05 during early trade on Monday, before recoup...
British Pound Plummets To Record Low Against U.S. Dollar After U.K. Gov’t Signals More Tax Cuts
Topline The British pound slumped to an all-time low against the U.S. dollar early Monday morning as markets reacted negatively to the new government’s signals that it will pursue more aggressive tax ...
New British Chancellor Kwasi Kwarteng Reverses Rishi Sunak’s Scrapping Of Tax-Free Shopping For International Tourists
British chancellor Kwasi Kwarteng has delivered some good news for retailers on tax-free shopping. … [+] (Photo by Carl Court/Getty Images) Getty Images The British government under new prime mi...
British Pound Slumps to Lowest Level against Dollar as New Tax Cut Policy Is Unveiled
The British Pound is not alone in its slump against the United States Dollar as other currencies including the Euro are also recording a similar faith. The British Pound Sterling is buckling under the...
Should you buy or sell the British pound after nose diving yesterday?
The trading week ended yesterday with some extreme long US dollar positioning. The greenback gained across the FX dashboard – EUR/USD lost -1.5%, AUD/USD -1.70%, NZD/USD – 1.8%, to name just a few US ...
Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’ – Economics Bitcoin News
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat cu...
Inflation in the UK is worsening as the British pound continues to dip
The Bank of England is expected to make an important decision this week as it contends with the impact of the latest government energy cost plan, which has changed the inflation outlook and the plungi...
British Music Economy In Partial Recovery But Demands More Government Help
Gramophone records and players on display at the Old Sound Museum, Dennis, Massachusetts, USA, 31st … [+] October 1978. (Photo by Barbara Alper/Getty Images) Getty Images The good news: the Brit...
British Pound Is at Its Lowest Level against US Dollar since 1985
The escalating inflation, currently at the highest level among all G-7 nations, the impending recession, and concerns about tax cuts has been the driving factors pushing the Sterling down the slope. O...
British Cycling Backpedals On Advice For People Not To Cycle On Day Of Queen’s Funeral
4th April 1942: Princess Margaret Rose (1930 – 2002) and Princess Elizabeth (right, and who later … [+] became Queen Elizabeth II) preparing to set out on bicycles in the grounds of the Ro...
Huobi secures regulatory license in the British Virgin Islands
Join Our Telegram channel to stay up to date on breaking news coverage The Financial Services Commission (FSC) in the British Virgin Islands has granted a regulatory license to Huobi, a renowned crypt...
Huobi secures a license in the British Virgin Islands
Join Our Telegram channel to stay up to date on breaking news coverage The Huobi cryptocurrency exchange is seeking to boost its global presence. To achieve this, the exchange has secured a license in...
Huobi Group Secures Regulatory Approval to Trade in the British Virgin Islands
Huobi Group will be one of the first digital assets trading platforms to be given permission to run regulated trading services in the British Virgin Islands (BVI). Brtuomi Worldwide Limited (BWL), a s...
Ethereum and the British Monarchy
Welcome to the 84th Weekend Shift! What’s the deal? Over the weekend, we’ll update this post with some of the most interesting articles, podcasts, charts, and opinion pieces we’re too busy to write ab...
Huobi Group Obtained a License to Operate in the British Virgin Islands
Huobi Group extending its operation of Crypto exchange globally. Huobi’s Thailand affiliate was closed due to its inability to solve systematic issues. Huobi Global is among the leading digital as...
Huobi wins license in the British Virgin Islands, no timeline for the UK yet
Major cryptocurrency exchange Huobi continues to expand its global footprint by entering the British Virgin Islands, a British Overseas Territory. Huobi officially announced on Friday that it had secu...
Queen’s Death Reignites Calls To Cut Ties With British Monarchy In Australia And Other Commonwealth Nations
Topline A day after Queen Elizabeth II’s death, Australian lawmaker Adam Bandt reignited a persistent debate by calling on the country to sever its ties with the British crown, a sentiment that is exp...
Queen Elizabeth, U.K.’s Longest-Reigning Monarch, Dead At 96
Topline Queen Elizabeth II died Thursday afternoon, Buckingham Palace announced, bringing the second Elizabethan Age to a close after the queen spent seven decades on the throne, the longest reign of ...
British Pound Sterling (GBP) Tanks to Its Lowest against USD since 1985
The Pound Sterling has been losing strength against the US Dollar amid fears of recession, its lowest levels in nearly four decades. On Wednesday, September 7, the British Pound tanked to its lowest l...
British Hedge Fund Hires Crypto Quant – Trustnodes
Winton, a British investment management hedge fund with $8 billion in assets under management, is expanding its operations to crypto. The hedge fund has added a Crypto Quant Researcher to their London...
British Pound Falls to Lowest Level Since 1985 as U.K. Economic Pain Mounts
Updated Sept. 4, 2022 5:41 pm ET Listen to article (2 minutes) The British pound slid to its lowest level against the U.S. dollar since 1985, a reflection of the U.K. economy’s dire economic situation...
British pound seen trading near parity with the dollar, economists say, as selloff takes Wall Street by surprise
It’s a notion once thought impossible. As the British pound trades at its weakest level against the dollar in more than two years on Friday, some economists expect it could close in on parity with the...
How The Military Junta Diminished The Right To A Fair Trial And The Rule Of Law In Myanmar
On September 2, 2022, the United Kingdom’s former ambassador to Myanmar Vicky Bowman, and her husband Htein Lin, prominent artist and former political prisoner, have each been sentenced to one y...
Is now a good time to buy the British pound? Fundamentals point to caution
The COVID-19 pandemic has triggered a wave of unprecedented measures from both central bankers and governments. By stimulating economic activity and supporting households, the measures did help. In hi...
British National Accused in OneCoin Scam Set to Face US Extradition: Report
Robert McDonald, a co-accused, avoided extradition on human rights grounds. McDonald is the prime carer for his “extremely ill” wife and has expressed “clear and genuine suicidal int...
This British cloud stock nearly doubled on Friday: what happened?
Shares of Micro Focus International plc (LON: MCRO) nearly doubled this morning after Open Text Corp (NASDAQ: OTEX) said it will buy the software and information technology company for $6.0 billion. M...
British fintech firm granted crypto license in Cyprus
Revolut, a British Fintech firm, has obtained a regulatory license to extend its services to Cyprus. The firm announced the development in a release on its verified handle. The Cyprus Securities and E...