United States 4-Week Bill Auction dipped from previous 4.265% to 4.245%

Jan 9, 2025

GBP/USD faces downward pressure due to UK fiscal concerns

The Pound Sterling depreciated against the Greenback on Thursday, even though the financial markets remained closed due to former US President Jimmy Carter's funeral.

BoE's Breeden: Some evidence of activity weakening, but we expect it to pick up again

Bank of England (BoE) Monetary Policy Committee (MPC) member and Deputy Governor for Financial Stability Sarah Breeden noted that it might finally be time for the BoE to start loosening policy rates now that UK economic data has effectively begun to crumble.