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The Latest Breaking News from British Pound

Cocoa Prices Consolidate Below This Week's Highs

Sep ICE NY cocoa (CCU23 ) on Friday closed -3 (-0.09%), and Sep ICE London cocoa #7 (CAU23 ) closed -20 (-0.77%). Cocoa prices Friday closed moderately lower as they consolidated below this week's significant highs. Losses in London cocoa accelerated Friday after the British pound (^GBPUSD ) rallied to...

Barchart

Ark Zero Electric Quadricycle Is The UK's Cheapest EV At $7,650

The Ark Zero offers a claimed range on 50 miles, costs just one British Pound to recharge, and can only do 28 mph.

InsideEVs

Expert issues warning over SNP's currency plans and EU membership

THE SNP’s policy of keeping the British pound after independence would make it “much harder” to join the European Union, a financial expert…

The National (Scotland)

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Cocoa Prices Mixed on Dollar Strength and British Pound Weakness

July ICE NY cocoa (CCN23 ) on Thursday closed down -9 (-0.30%), and July ICE London cocoa #7 (CAK23 ) closed up +29 (+1.26%). Cocoa prices Thursday settled mixed. NY cocoa was under pressure Thursday from a stronger dollar as the dollar index (DXY00 ) rallied to a 1-3/4 month...

Barchart

Dollar Fades Early Gains as Stocks Rally

The dollar index (DXY00 ) on Friday fell by -0.16%. The dollar on Friday gave up an early advance and posted moderate losses. A sharp rally in stocks Friday curbed liquidity demand for the dollar. Also, strength in GBP/USD Friday weighed on the dollar after the British pound rallied to...

Barchart

Cocoa Prices Settle Mixed as British Pound Strength Weighs on London Cocoa

July ICE NY cocoa (CCN23 ) on Friday closed up +13 (+0.44%), and May ICE London cocoa #7 (CAK23 ) closed down -13 (-0.59%). Cocoa prices Friday settled mixed, with London cocoa falling to a 1-1/2 week low. A rally in the British pound (^GBPUSD) to a 10-1/2 month high...

Barchart

Cocoa Prices Mixed on Tight Supplies and British Pound Strength

May ICE NY cocoa (CCK23 ) on Monday closed up +32 (+1.01%), and May ICE London cocoa #7 (CAK23 ) closed down -26 (-1.14%). Cocoa prices Monday settled mixed. Cocoa prices Monday found support on smaller cocoa supplies from the Ivory Coast after the Ivory Coast government reported that farmers...

Barchart

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US stocks fall again as British pound advances

New York (AFP) - Wall Street stocks fell for a second session Thursday with analysts pointing to consolidation of earlier gains in 2023, while the British pound rallied as the Bank of England chief expressed worry over inflation.

AFP

Pound hit by UK political crisis

London (AFP) - Global stocks wavered on Friday on renewed concerns about rising interest rates while the British pound slumped over the UK's political drama.

AFP

Pound sinks on UK political chaos

London (AFP) - The British pound sank against the dollar Friday on political uncertainty after the resignation of UK Prime Minister Liz Truss, while weak economic data added to the turmoil.

AFP

With another prime minister gone, what's next for an already diminished Britain?

LONDON — Double-digit inflation. A weakened British pound that's hovered at near-parity with the dollar. Soaring energy costs. The death of a revered monarch.

Los Angeles Times

Yen sinks to new low as British pound briefly surges after Truss exit

New York (AFP) - The yen sank to a new 32-year low Thursday against the dollar, while the pound briefly rallied after British Prime Minister Liz Truss announced her resignation following a brief crisis-filled tenure.

AFP

What Is the U.S. Dollar Index? Definition & How to Calculate

What Is the U.S. Dollar Index?The U.S. Dollar Index measures the performance of the dollar against a basket of currencies. The index, abbreviated USDX, contains six component currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. A gain in the ...

The Street

Weak pound lures Thais to buy properties in London

The British pound, which was the lowest in 20 months against the baht, might draw more wealthy Thais to purchase London properties, according to property consultant Knight Frank Thailand.

Bangkok Post

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Investors Business Daily

Best Of Britain: This Short Straddle Will Pay Off If British Pound Calms Down

With British pound volatility elevated at near historic levels, investors can sell a straddle on the Invesco Currency British Pound ETF.

Benzinga

British Pound's Relief Rally Pauses, U.S. Dollar Takes A Break

The central factor in the collapse of the British pound has been the steady strengthening of the U.S. dollar. Other factors certainly are part of the mix that took the pound relentlessly down in September, but it’s mostly a “this currency is better than that currency” situation, and it’s been…

The Independent UK

Pound to dollar: Why is sterling so weak?

Currency tumbles again after Bank of England warned it is ending support package for pension funds on 14 October

The Independent UK

Pound to dollar: Why is the sterling so weak?

Currency tumbles again as Bank of England warned it is ending support package for pension funds on 14 October

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The Independent UK

Pound to dollar: Why is the sterling so weak?

British pound slumps to lowest level against dollar since 1971 after Kwasi Kwarteng’s mini-Budget

ABC News

What's happening with the British pound and what does it mean for Australia's economy?

With the UK government fighting off fears of a recession, the British pound tumbled against the US dollar this week. Here's why stock markets are concerned and what it means for Australia.

Axios

British pound tanks as Liz Truss tax cut plan sinks in

It's the financial equivalent of a no-confidence vote.

Daily Mirror

Cheaper holidays for Brits as pound plummets including Turkey and Poland

Japan, South Korea, Argentina, Turkey, Poland, Sweden and Hungary may be good places for Brits to visit at the moment, as the British pound suffers a major devaluation

France 24

Sterling recovers after dramatic fall but remains at historic low

After statements from the Bank of England and the UK Finance Minister Kwasi Kwarteng on Monday, the British pound recovered slightly on Tuesday morning but remained at its lowest level in decades against the dollar. All eyes will now be on the UK central bank's November meeting and a potential…

The Independent UK

Pound to dollar: Why is the sterling so weak?

British pound slumps to lowest level against dollar since 1971 after Kwasi Kwarteng’s mini-Budget

The Independent UK

Pound stabilizes but turmoil continues for UK economy

The British pound has stabilized in Asian trading after plunging to a record low, as the Bank of England and the British government try to soothe markets nervous about a volatile U.K. economy

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