UK Pound Report Headlines

Pound hits session highs after BoE's Forbes rate-hike remarks

Sterling touched session highs against the dollar and euro in late Thursday U.S. trading after comments from Bank of England policy-maker Kristin Forbes who said "'lift-off' of UK interest rates should not be delayed any longer" in a speech to the London School of Business.

Sterling falls below $1.26 for first time since mid-April

Sterling dipped below $1.26 for the first time in more than two months on Wednesday, deepening this week's losses on signs that Prime Minister Theresa May is still struggling to find the support she needs for her government in parliament.