Pound Sterling Price News and Forecast: Renewed Iran tensions boost demand for the Greenback

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British Pound retreats as renewed Iran tensions boost demand for the Greenback

The British Pound (GBP) weakens against the US Dollar (USD) on Tuesday as traders reassess ongoing US-Iran negotiations following renewed US military action in southern Iran. At the time of writing, GBP/USD is trading around 1.3444, down nearly 0.43% on the day. Read More...

British Pound underperforms as UK gilt yields hit monthly low near 4.82%

The British Pound (GBP) trades lower against its major currency peers, is down 0.25% to near 1.3470 against the US Dollar (USD) during the European trading session on Tuesday. The British currency faces selling pressure as yields on United Kingdom (UK) gilt securities have declined significantly due to easing hopes of a near-term interest rate hike by the Bank of England (BoE). Read More...

British Pound softens below 1.3500 as renewed US-Iran tensions favour US Dollar

The GBP/USD pair loses ground to near 1.3495 during the early Asian session on Tuesday. The British Pound (GBP) softens against the US Dollar (USD) on weak underlying UK data and US-Iran peace deal uncertainty. The US April Personal Consumption Expenditures (PCE) Price Index report will be the highlight later on Thursday. Read More...

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

AUD/USD sticks to positive bias above 0.7100; lacks bullish conviction

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USD/JPY approaches 158.00 as Japanese Yen resumes decline

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Gold keeps the bid tone in place; still below $4,400

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Why altcoin season isn't coming back — and what stole its capital

If, after two years of being frozen in ice, Katara and Sokka woke you up to the crypto market, it would seem like 100 years have passed. With Bitcoin soaring to record highs just over a year ago, everyone expected a routine altcoin season, where investors take profits from the top crypto to chase higher returns in altcoins.

BoJ Recap: Not as hawkish as expected

The BoJ raised its short-term interest-rate target to 1.25% from 1.00% in a 7-2 vote, marking another step in the normalisation of monetary policy and widely matching what everyone has been expecting for weeks. Governor Kazuo Ueda said the policy phase had changed.

BoJ Recap: Not as hawkish as expected

The Bank of Japan (BoJ) raised its short-term interest-rate target to 1.25% from 1.00% in a 7-2 vote, marking another step in the normalisation of monetary policy and widely matching what everyone has been expecting for weeks.