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The Latest Breaking News from British Pound

GBP TO USD and Other Currency Rates - 16 December 2023

British Pound TO USD buying exchange rate is USD 0.79 as per open market rate and GBP TO USD selling exchange rate for 1 British Pound is USD 0.79. Updated...

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Cocoa Prices Close Sharply Lower on Long Liquidation Pressures

Dec ICE NY cocoa (CCZ23 ) on Tuesday closed -105 (-2.59%), and Dec ICE London cocoa #7 (CAZ23 ) closed -78 (-2.19%). Cocoa prices on Tuesday gave up early gains and closed sharply lower. A rally in the British pound (^GBPUSD ) to a 2-month high Tuesday sparked long liquidation...

Barchart

NY Cocoa Prices Boosted by Tight Global Supplies

Dec ICE NY cocoa (CCZ23 ) on Monday closed +16 (+0.41%), and Dec ICE London cocoa #7 (CAZ23 ) closed -4 (-0.12%). Cocoa prices on Monday settled mixed, with NY cocoa climbing to a new 45-year nearest futures high. Monday's rally in the British pound (^GBPUSD) to a 1-1/2 month...

Barchart

Cocoa Prices Settle Mixed on Currency Fluctuations

Dec ICE NY cocoa (CCZ23 ) on Wednesday closed +3 (+0.09%), and Dec ICE London cocoa #7 (CAZ23 ) closed -13 (-0.44%). Cocoa prices Wednesday settled mixed, as a weak dollar (DXY00 ) spurred short covering in NY cocoa while strength in the British pound (^GBPUSD ) weighed on London...

Barchart

Cocoa Prices Push Higher on Global Production Concerns

Dec ICE NY cocoa (CCZ23 ) on Thursday closed +4 (+0.11%), and Dec ICE London cocoa #7 (CAZ23 ) closed +17 (+0.55%). Dec NY cocoa and Dec London cocoa on Thursday extended Wednesday's gains and posted fresh contract highs. Gains in London cocoa accelerated Thursday after the British pound (^GBPUSD...

Barchart

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Another Wave of Lower Prices for the British Pound – Want to Know When?

As global central banks have raised interest rates, the Bank of England (BoE) has increased in the past 14 meetings due to elevated inflation. Recently, the BoE governor spoke to the UK Parliament and stated that the central bank was approaching the conclusion of its interest rate hikes. The timing…

Barchart

Tight Supplies and British Pound Weakness Boosts Cocoa Prices

Dec ICE NY cocoa (CCZ23 ) on Friday closed +31 (+0.90%), and Sep ICE London cocoa #7 (CAU23 ) closed +51 (+1.87%). Cocoa prices Friday moved higher, with London cocoa climbing to a 1-1/2 month high. Tightness in current cocoa supplies is supportive for prices after ICE monitored cocoa inventories...

Barchart

Cocoa Prices Mixed as London Cocoa Gains on British Pound Weakness

Sep ICE NY cocoa (CCU23 ) on Wednesday closed -6 (-0.18%), and Sep ICE London cocoa #7 (CAU23 ) closed +4 (+0.15%). Cocoa prices Wednesday settled mixed, with NY cocoa falling to a 1-week low. NY cocoa continues to trade sideways, modestly below the 12-year high posted earlier this month....

Barchart

Cracking the Currency Code: Analyzing Seasonal Patterns and the Future of the British Pound

From exploring historical data to understanding the underlying economic factors, we aim to crack the currency code and provide a comprehensive understanding of how seasonal patterns can shape the future of the British Pound. So, grab your notepad and get ready to uncover the secrets behind the British Pound's fluctuations…

Barchart

Dollar Rallies on Weakness in the Pound and Yen

The dollar index (DXY00 ) Wednesday rose by +0.34%. Weakness in the British pound underpinned the dollar Wednesday as GBP/USD fell to a 1-week low on better-than-expected UK inflation news. Also, the weakness in the yen Wednesday was positive for the dollar. Wednesday’s weaker-than-expected U.S. housing starts report limited the...

Barchart

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

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The National (Scotland)

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…

Barchart

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...

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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...

AFP

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.

Los Angeles Times

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.

AFP

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.

The Street

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 ...

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