Share: GBP/USD slips as wage data hint at moderation. Economists at Scotiabank analyze the pair’s outlook. UK wage data for August came in a bit softer...
Share: Pound Sterling remains on the back after the UK wage report remains soft. BoE Pill kept doors open for further policy-tightening. The UK’s consumer inflation...
Share: EUR/GBP ticked slightly higher as lower UK wage growth points to another Bank of England pause, economists at ING report. Wages heading in the right...
Share: GBP/JPY is seen oscillating in a narrow trading band during the Asian session on Tuesday. Traders now await the release of the UK wage growth...
Share: Alfred Kammer, Director of the European Department at the International Monetary Fund (IMF), said on Friday that they recommend central banks in Europe to maintain...
Share: Pound Sterling faces an intense sell-off due to risk-off impulse and weak manufacturing activity data. Persistent US inflation dampens the market mood. The BoE is...
Share: EUR/GBP turns choppy after a recovery to near 0.8650 as risks of UK slowdown deepen. UK firms have postponed their plans of increasing their capacity...
Share: Pound Sterling holds onto gains ahead of US factory and GDP data. UK factory data is expected to contract due to a vulnerable demand outlook....
Share: Pound Sterling capitalizes on improved market sentiment and BoE’s Mann hawkish commentary. Katherine Mann favored an aggressive policy-tightening approach. Investors shift focus to the UK...
Share: Pound Sterling slips vertically to near 1.2 as investors underpinned the risk-aversion theme. UK economic activities were broadly vulnerable in September due to poor domestic and...
Share: GBP/JPY remains lackluster near 180.50 despite the UK’s economic turmoil. BoE Bailey sees inflation likely at or below 5% by the year-end. Japan Kishida vowed...
Share: GBP/USD oscillates in a narrow trading band during the Asian session on Thursday. Hawkish Fed expectations continue to underpin the USD and cap gains for...
Share: Pound Sterling dips after choppy moves ahead of S&P Global Services PMI data. UK’s Services PMI is set to contract for the second time in...
Share: EUR/GBP slips sharply from 0.8680 after the UK Services PMI rebound and Eurozone’s retail demand data remains. UK’s Services PMI at 49.3, remained below the...
Share: GBP/USD remains confined in a narrow range near its lowest level since March set on Tuesday. Bets for more Fed rate hikes, surging US bond...
Share: Pound Sterling prints fresh six-month low after short-lived pullback as UK slowdown fears remain intact. UK firms cut labor force on inventory backlog due to...
Share: Pound Sterling finds buying interest while UK recession risks remain intact. UK Manufacturing PMI is expected to contract for the 14th time in a row....
Share: Scepticism about whether the BoE will ultimately act restrictively enough is likely to continue to weigh on the Pound in the near term, economists at...
Share: Economists at Wells Fargo expect further weakness in the major European currencies. ECB and BoE have signaled that policy rates have likely reached their peak...
Share: Pound Sterling advances to 1.2200 as the risk appetite of the market participants improved. The UK economy is likely to continue to face the wrath...