Insead's Antonio Fatas says the sterling is not likely to lose more value and its impact on imports will only be seen next month.
U.K. sovereign bonds have been one of the best-performing assets in 2016, but this is a troubling sign, according to one market expert.
The dollar held lower at the end of a week dominated by flows into higher-risk currency plays like the Australian and Canadian dollars.
Earnings from Macy's and Kohl's and weekly jobless claims data roll out ahead of Wall Street's opening bell Thursday.
U.S. Treasury notes rose for a second day on Wednesday, as bonds around the world gained.
The U.S. dollar fell broadly on Wednesday as U.S. Treasury yields fell and investors waited on a speech by Fed Chair Janet Yellen.
CNBC's Rick Santelli discusses the Bank of England's reverse Gilt auction.
Ian Barnard, founding partner at Capital Generation Partners, talks about the progress of the Bank of England’s latest monetary policy moves.
Pension funds and insurance companies struggling with a deepening funding crisis refused to sell gilts to the central bank, the FT reports.
Sterling fell against the dollar after the Bank of England hinted at further easing.
The Bank of England’s bigger-than-expected policy-easing move last week adds pressure to the ECB to take further stimulating action, economists say.
Markus Stadlmann, CIO of Lloyds Private Banking, says it is too early to tell whether economic conditions in the U.K. will decline further.
The BOE could cut rates further and boost bond purchases if the economic downturn deepens, MPC member Ian McCafferty says.
This comes ahead of a week of data likely to feed the debate on the chances of a rise in U.S. interest rates this year.
Daniel Morris, senior investment strategist at BNP Paribas, discusses central bank monetary policy and its impact on economic growth.
The Fed has said before it will require three consecutive months of strong jobs data before engendering a rate hike, says AFEX Australia's David Greene.
The U.S. dollar reversed losses to trade about a third of a percent higher Friday after the headline figure on the July employment report topped expectations.
Gold was lower Friday after the headline figure on the July jobs report topped expectations.
European stocks closed sharply higher on Friday after the U.S. added an impressive 255,000 jobs during the month of July.
Thursday’s Bank of England announcement has left analysts contemplating what it could mean for the U.K. property market.