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Sterling Gains Ground Following Central Bank Decision and US Trade Deal News

The British pound strengthened on Thursday after the Bank of England cut interest rates by 0.25 percentage points to 4.25%, with an unexpected split among policymakers where two voted to maintain current rates. Sterling gained 0.24% against the U.S. dollar to $1.33215. The currency was also boosted by news that the U.S. and Britain will announce a trade deal to lower tariffs on some goods, as confirmed by President Trump who described it as a “full and comprehensive” agreement.

Original Source: Reuters

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What’s the Difference Between Money vs Currency? 
Read More
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Gold Price Outlook: What Could Push Gold to $6,300 
Read More
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Investing in Silver: A Clear, No-Hype Guide to Building Real Wealth 
Read More
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Most people use the terms money and currency interchangeably—but they are not the same. This article explores the difference between money vs currency, why fiat currencies lose purchasing power over time, and why many investors consider gold as a long-term store of value.

Read More »
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