The British pound finally woke up this week and has punched past the 1.36 level. GBP/USD is trading at 1.3615, up 0.78% on the day. The highly anticipated US inflation reading did not disappoint, coming in a 7.5% y/y for January. This beat the forecast of 7.3% and was up from 7.0% in December. US […]

North Korea has stolen more than $50 million in cryptocurrency between 2020 and mid-2021 to fund the country's missile programmes, an excerpt from a United Nations report stated. (Read More)

The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press. Furthermore, when asked by a BBC reporter if BOE members were urging […]

The British pound is slightly lower in Friday trading. It has been an excellent week for GBP/USD, which has gained 1.26%. If the pound can maintain these gains during the day, it will mark the currency’s best weekly showing since December 2020. BoE raises rates by 0.25% As was widely predicted, the BoE raised rates […]

2021 came with numerous technological innovations that saw many developers upgrade to meet the new needs of their clients, investors, ...

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