The dollar recovered on Thursday as caution before a G20 meeting prompted investors to buy back the currency after comments by the Federal Reserve chief were seen as a sign that a rising trend in U.S. rates may be coming to a close.
The central bank also revealed that all seven major UK banks have passed a stress test related to such a worst case scenario.
Bank of England Governor Mark Carney gave his backing on Tuesday to a Brexit deal struck by British Prime Minister Theresa May and European Union officials because it would help smooth the country's departure from the bloc.
The next two to three months will be critical for the future of the U.K. economy, Ben Broadbent, deputy governor of the Bank of England, told CNBC Monday.
European equities closed lower in Monday trade, affected by a sell-off in tech stocks.
Amanda Murphy, head of commercial banking at HSBC UK, discusses British business sentiment in the face of Brexit.
Bank of England governor Mark Carney discusses the bank’s plans for a no-deal Brexit scenario.
Hetal Mehta, senior European economist at L&G Investment Management, discusses the Bank of England’s rates decision.
Derek Halpenny, European head of global markets research at MUFG, discusses the Bank of England’s rates decision.
CNBC’s Joumanna Bercetche reports from London on the Bank of England’s rates decision.
Bank of England governor Mark Carney discusses how Brexit is impacting the Bank of England’s decisions.
Mark Carney, governor of the Bank of England, is speaking at a press conference following the U.K. central bank's decision to leave interest rates unchanged.
The BOE rate-setters voted unanimously to hold rates at 0.75 percent.
Bank of England (BOE) policymakers are meeting Thursday but, despite positive economic data, the central bank is unlikely to announce any rate action, analysts have told CNBC.
The U.K.'s banking system is prepared to handle a much worse outcome from Brexit than is likely to happen, Bank of England Governor Mark Carney says.
Mark Carney is the governor of the Bank of England, the UK's equivalent of the Federal Reserve in the U.S. He is speaking at the Economic Club of New York.
The founder and chairman of JD Wetherspoon believes Bank of England Governor (BOE) Mark Carney is "completely wrong" over the potential impact of a chaotic no-deal Brexit.
European stocks ended Friday's session on a positive note, as a strong performance by markets overseas lifted sentiment.
New York took first place, as the world's most attractive financial center, followed by London, Hong Kong and Singapore in the Z/Yen global financial centers index, which ranks 100 centers on factors such as infrastructure and access to quality staff.
European stocks finished Tuesday deep in the red, amid fears of a crisis in emerging markets and trade tensions.