2024-09-08 17:35:02 +0300

Bill Gross Is Long the Pound After Plunge With Dollar Overvalued

Logo Bloomberg
Bloomberg
By John Stepek

Bill Gross is betting on the pound.

The legendary investor caused a stir in 2010 when he warned the British currency was “resting on a bed of nitroglycerine.”

AD
AD

Continue read on bloomberg.com

AD
Logo PR Newswire
Business / FinancePress Release2024-08-24 15:00:00 +0300
LAGUNA BEACH, Calif., Aug. 24, 2022 /PRNewswire/ -- Legendary bond and fixed income investor William H. (Bill) Gross today released a new Investment Outlook,...

Logo ForexLive
MarketsBy Adam Button2024-09-08 18:16:40 +0300
The 78-year-old former bond king has resurfaced with a call on the currency market. He spoke with Bloomberg to offer his throughts on relative value.

Logo The New York Times
Business / FinanceBy Eshe Nelson2024-09-06 17:46:25 +0300
The British pound inched away from its two-and-a-half-year low against the U.S. dollar on Tuesday after media reports that the new prime minister, Liz Truss,...

Logo Nasdaq
Business / FinanceBy Reuters2024-08-26 19:37:53 +0300
By Elizabeth Howcroft LONDON, Aug 26 (Reuters) - The British pound fell on Friday, on track for a weekly loss after a hawkish speech by U.S. Federal Reserve...

Logo Benzinga
MarketsBy Dmitriy Gurkovskiy2024-08-29 17:19:33 +0300
By RoboForex Analytical Department The Pound Sterling continues plummeting against the USD; by now, it has already dropped to 1.1660. Apart from the strong...

Logo BBC news
Business / FinanceBy Noor Nanji2024-09-01 13:28:08 +0300
Worries over the prospects for the UK economy led the pound to slide 5% against the US dollar in August. Sterling sank again on Thursday morning, dipping...

Logo Kitco NEWS
EconomyBy Cornelius Christian2024-09-08 19:52:48 +0300
(Kitco News) - As an energy crisis plagues Europe and Japan engages in relatively loose monetary policy, the U.S. dollar will continue to grain ground...

Logo Bloomberg
MarketsBy Lib Cherry2024-08-22 19:05:02 +0300
The UK energy crisis is sparking another wave of bets on hotter inflation and weakening the pound. The British currency fell to $1.1757, the lowest since...

Logo The Independent
PoliticsBy Rob Merrick2024-08-29 16:41:13 +0300
Liz Truss is being urged to dump the post-Brexit plan to bring back imperial measures if she wins the race to No 10 because it will cost at least 2m and...

Logo Nasdaq
Business / FinanceBy Reuters2024-08-26 09:08:44 +0300
Adds details LONDON, Aug 26 (Reuters) - The cost of energy for British consumers will rise by 80% from October, regulator Ofgem said on Friday, taking...

MarketsBy Daniel Mc Carthy2024-08-24 08:00:00 +0300
British Pound, GBP/USD, US Dollar, China, Hang Seng, Drought, Fed - Talking Points The British Pound has had some reprieve, but energy woes linger China is...

MarketsBy Diego Colman2024-09-07 19:30:00 +0300
BRITISH POUND OUTLOOK: GBP/USD falls to its lowest level since 1985 before trimming some losses and stabilizing around the 1.1470 area The British pound...

Logo Reuters
MarketsBy Reuters2024-09-05 14:47:22 +0300
The British pound remained lower against the dollar on Monday, after the governing Conservative Party announced foreign minister Liz Truss won the race to...

Logo Inquirer.net
Business / FinanceBy Corrienarisma2024-09-08 11:30:01 +0300
SINGAPORE – Asia’scentral banks, alarmed by thesurgingdollar‘s assault on their currencies, are ramping up their resistance with rate rises and market...

Logo Nasdaq
Business / FinanceBy Reuters2024-08-26 13:14:16 +0300
LONDON, Aug 26 (Reuters) - The British pound slipped slightly on Friday as traders waited for a speech by U.S. Federal Reserve Chair Jerome Powell and...

Logo Investing.com
EconomyBy Reuters2024-09-07 22:14:40 +0300
Reuters. British pound coins are seen in front of displayed stock graph in this illustration taken, November 9, 2021. REUTERS/Dado Ruvic/Illustration By...

Logo OilPrice.com
MarketsBy Irina Slav2024-08-26 18:30:00 +0300
British energy market regulator Ofgem announced an 80-percent hike in the energy price cap aimed at shielding consumers from price swings, promising to...

Logo Investing.com
MarketsBy Xm Group2024-09-06 12:32:00 +0300
Sterling wakes up as Truss’s plans could fuel inflation Euro rebounds as well after hitting a two-decade low RBA lifts rates by 50bps and hints neutrality...

Logo Channel NewsAsia
Business / FinanceBy Cna2024-09-08 10:38:10 +0300
SINGAPORE : Asia's central banks, alarmed by the surging dollar's assault on their currencies, are ramping up their resistance with rate rises and market...

Logo Nasdaq
Business / FinanceBy Reuters2024-09-08 10:35:02 +0300
By Tom Westbrook and Rae Wee SINGAPORE, Sept 8 (Reuters) - Asia's central banks, alarmed by the surging dollar's assault on their currencies, are ramping up...