Share: While testifying before the UK Economic Affairs Committee on Wednesday, Bank of England (BoE) Governor Andrew Bailey called the latest inflation data “good news” and noted...
Share: Pound Sterling drops sharply as UK headline inflation deflates significantly in January. Soft UK CPI data has propelled BoE’s rate-cut bets. Stubborn US inflation data...
Share: GBP/USD edges higher on Wednesday, though the uptick lacks strong bullish conviction. Traders opt to wait on the sidelines ahead of the UK CPI report...
Share: GBP/JPY pulls back from a multi-year peak touched on Tuesday amid a pickup in the JPY demand. Verbal intervention from the Japanese authorities, along with...
Share: The Pound Sterling (GBP) started the year on a firm note, outperforming most of its major currency peers. Economists at Scotiabank analyze GBP outlook. GBP’s...
Share: EUR/GBP skids to six-month low of 0.8511. Economists at Société Générale analyze the pair’s outlook. UK wages reinforce BoE caution The BoE two weeks ago...
Share: Pound Sterling jumps strongly on upbeat UK labor market data, higher wage growth. The growth in average earnings was higher than expected, allowing BoE to...
Share: GBP/JPY finds itself at the top end of near-term technical resistance. Next week sees a hefty economic calendar showing for the UK. Japan GDP growth...
Share: Pound Sterling oscillates in a tight range as investors seek fresh triggers. The UK Employment and inflation data will provide fresh guidance on interest rates....
Share: Pound Sterling has stretched its upside recovery as the appeal of risky assets improves. UK recession fears have faded on prospects of early BoE rate...
Share: Pound Sterling finds interim support on upbeat S&P Global Services PMI data. The UK economy is on the brink of a technical recession. BoE’s Pill...
Share: Pound Sterling remains under pressure as the Fed’s hopes for an early rate-cut wane. The UK’s poor economic prospects could force the BoE to lean...
Share: Pound Sterling witnesses a significant demand as the BoE is expected to keep the restrictive policy longer. A hawkish interest-rate outlook has deepened UK recession fears....
Share: EUR/GBP attracts some buyers near 0.8531 in Friday’s early European session. The Bank of England (BoE) kept interest rates unchanged and softened its stance about...
Share: GBP/USD attracts some buyers near 1.2745 in Friday’s early Asian session. The US S&P Global Manufacturing PMI for January registered the strongest improvement since September...
Share: Despite the impulse of the Federal Reserve (Fed) and the Bank of England (BoE) meetings, GBP/USD is currently trading very little changed from its levels...
Share: As universally expected, the Bank of England (BoE) left Bank Rate on hold at 5.25% today. Not much for the Pound Sterling (GBP) to latch...
Share: The UK central bank is likely to extend the pause on “Super Thursday,” in its first meeting of 2024. The Bank of England could hold...
Share: Pound Sterling drops sharply as the downbeat market mood dampens the appeal of risk-sensitive assets. Investors await the BoE policy, which is seen as steady...
Share: Pound Sterling (GBP) is the best performer in G10 in January. Economists at Société Générale analyze GBP outlook ahead of the Bank of England (BoE)...