Earlier this month, the UK’s Prudential Regulation Authority took an axe to how non-UK covered bonds are considered as High Quality Liquid Assets (HQLA) by UK banks, before U-turning just over a week ...

The GBP/USD pair attracts some sellers to near 1.3425 during the early Asian trading hours on Tuesday, pressured by a modest ...

GBP/USD posts modest gains around 1.3405 in Wednesday’s early Asian session. US Job Openings fell to the lowest level since September; CB Consumer Confidence dropped below consensus. BoE's Greene said ...

CIBC has reservations over the UK economic outlook and forecasts that GBP/EUR will retreat to 1.1630 at the end of 2025 with ...

On a historical side-note this prompted the Mint to ... By 1966/67, the Bank of England was covering persistent Sterling weakness by lines of credit extended from other central banks (i.e ...

The Bank of England risks “killing” London’s potential to become a global hub for stablecoins with its “prescriptive” rules, ...

London's dominance of the foreign exchange market could pave the way for the capital to become the "Eurodollar market for ...

Sterling edged lower versus the dollar but was close to its highest level in over three years as markets await U.S. economic data for direction after the sharp selloff in the greenback.

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RBI Governor Sanjay Malhotra voiced concerns about dwindling liquidity in India's call money market, potentially hindering monetary policy transmission. He urged banks to ensure seamless transmission ...