Share: Pound Sterling experiences a sell-off after mixed UK factory data. The UK economy is expected to report a technical recession despite 0.3% growth in November...
Share: Pound Sterling has stabilized above 1.2700 on upbeat market sentiment. The release of UK factory data, if upbeat, would ease fears of a technical recession....
Share: While testifying before the UK Treasury Select Committee, Bank of England (BoE) Governor Andrew Bailey reiterated that it’s important to return the UK to the...
Share: Pound Sterling drops further ahead of BoE Bailey’s speech. The UK economy is on the brink of shifting into a technical recession. Market mood remains...
Share: GBP/USD grapples to halt the losses despite improved risk aversion. US Dollar could extend its gains on improved US bond yields. British Pound could advance on...
Share: The Pound Sterling falls back as investors shift their focus to the US Nonfarm Payrolls data. While the UK manufacturing sector continues to face pressure,...
Share: GBP/JPY rises swiftly above 182.00 amid uncertainty over timeframe of BoJ’s exit to loose policy. The UK Composite and Services PMI are seen remaining unchanged....
Share: Pound Sterling drops vertically as risk-on rally cools. The BoE may reconsider their restrictive monetary policy stance amid a bleak economic outlook. UK’s business pessimism...
Share: GBP/USD halts its losing streak while US Dollar stays calm after a recent surge. IMF Managing Director Kristalina Georgieva expects policy rates to be reduced...
Share: EUR/GBP rebounds from 0.8650 on weaker-than-projected UK factory data. The outlook of the UK manufacturing sector remains gloomy due to deepening cost of living crisis....
Share: GBP/USD Forecast: Bulls could turn hesitant if 1.2700 support fails GBP/USD touched its highest level in five months above 1.2800 in the previous week but...
Share: Pound Sterling recovers swiftly as investors’ risk-appetite revives. Deepening UK recession fears could dent the Pound Sterling’s outlook. Persistent Fed rate-cut bets may continue to...
Share: Economists at ANZ Bank expect the Pound Sterling (GBP) to strengthen in the coming year with Cable forecast to end at 1.34. Easing of inflationary...
Share: Pound Sterling advances above 1.2800 against the US Dollar on upbeat market sentiment. High inflation and recession fears in the UK may complicate the idea...
Share: Pound Sterling strengthens as strong UK retail sales data has deepened persistent inflation fears. Fears of a technical recession have escalated as UK Q3 GDP was...
Share: GBP/USD ticks lower on Friday amid a modest USD bounce from a multi-month low. The mixed fundamental backdrop warrants caution before placing directional bets. Traders...
Share: The Euro remains moderately bid approaching resistance at 0.8680. The soft UK inflation levels are weighing on the Pound. EUR/GBP is likely to face...
Share: Pound Sterling falls sharply after the big drop in UK inflation data. A steady US Dollar and increasing bets over upcoming BoE rate cut weigh...
Share: Pound Sterling drops sharply as UK inflation softened sharply in November. UK’s monthly headline inflation surprisingly contracted by 0.2%. Investors may raise bets in favour...
Share: The United Kingdom will release the Consumer Price Index (CPI) data on Wednesday, December 20 at 07:00 GMT and as we get closer to the...