The pound ( GBPUSD=X) hit a 14-month low against the dollar in early trading in London today. Sterling lost a cent against the US greenback, extending its recent losses and falling below $1.23 to its ...
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are still ...