President Donald Trump ordered a halt in penny production to cut "wasteful" government spending, saying the coin costs more to make than it's worth.

Post-EU referendum price action for the Pound Sterling (GBP) has seen GBP-crosses swing rapidly, often by upwards of 1% per day as markets react to a constant stream of Brexit related developments.

“For far too long the United States has minted pennies which literally cost us more than 2 cents,” Trump posted on his social ...

The Pound US Dollar (GBP/USD) exchange rate edged higher on Wednesday following the publication of the US’s latest ADP employment... At the time of writing the GBP/USD was trading at around $1.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.