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UK Economy · LondonThe value of the pound has sunk - as the cost of 30-year government borrowing reached a high last seen in 1998. The so-called spot rate saw one pound buy $1.336 on Tuesday, a low last seen in early August, and down from $1.353 earlier in the day.See the Story
Pound drops as 30-year gilt yields at highest level this century
44% Left coverage: 9 sources
Donald TrumpTOKYO: The dollar and longer-dated US Treasuries slid on Tuesday after President Donald Trump announced he was firing a Federal Reserve governor, an unprecedented move that further undermines confidence in the Fed's independence and US assets.See the Story
Dollar, Longer-Dated Treasuries Slide as Trump Escalates Attack on Fed; Gold Rises
50% Right coverage: 6 sources
United Kingdom · United KingdomThe GBP/USD advances during the North American session up by 0.39% following the release of economic data from the United States (US). Also, fears of the UK’s government being unable to meet its fiscal requirements eased on signs that the economy continued to fare well.See the Story
