GBP/USD

Pound tops $1.35 after US economy sheds jobs in July

The British pound climbed above the 1.3500 mark against the US dollar on Friday after the US economy unexpectedly shed jobs in July, intensifying bets that the Federal Reserve will ease monetary policy. The GBP/USD pair touched a high of…

GBP/USD falls as Trump reinstates Iran naval blockade

The British pound slid against the U.S. dollar on Tuesday as markets digested President Donald Trump's announcement that the United States would reinstate its naval blockade of Iran in the Strait of Hormuz, escalating a conflict that has rattled global…

British pound hits three-week high as weak US jobs data weighs on dollar

The British pound extended its rally against the US dollar on Tuesday, trading near $1.34 and touching its highest level in three weeks as markets continued to scale back expectations for a Federal Reserve interest rate hike following a disappointing…