The Pound Sterling (GBP) recovers its entire intraday losses and climbs above 1.2500 against the US Dollar (USD) in Monday’s ...

In the second half of the day, markets will pay close attention to US PMI figures. S&P Global Manufacturing PMI is seen improving slightly to 49.6 from 49.4 in December. The USD could benefit from a ...

Pound sterling fell sharply at the start of the year as a combination of weak economic data and divergent bets on the path of interest rates across the Atlantic contributed to a sell-off.

The sell-off comes after a bruising week for UK assets last week, with sterling falling over three per cent and gilt yields picking up to the highest levels in decades.