Share: Pound Sterling finds an intermediate support, but the downside seems favored amid global uncertainty. BoE Dhingra warned that further tightening could hurt the UK economy....
Share: The Pound Sterling faces significant pressure as the BoE appears to be reluctant to raise interest rates further. BoE Swati Dhingra said that the current...
Share: GBP/JPY extends week-start recovery amid market’s cautious optimism. UK BRC data suggest upbeat Retail Sales but Barclays hints at softer spending. Japan Household spending prints...
Share: Pound Sterling attempts recovery from below 1.2600 but still remains fragile as factory activities weaken further. UK factory activities dropped to 43.0, the lowest reading...
Share: “We are on track to halve inflation this year and by sticking to our plan we will ease the pressure on families and businesses alike,”...
Share: Pound Sterling delivers a breakout of the consolidation after UK’s ONS reported weak labor market data. United Kingdom labor market witnessed lay-offs in June and...
Share: Pound Sterling starts moving as core inflation supports further policy tightening. UK’s core inflation remains stronger due to robust wage growth. More interest rate hikes...
Share: The ONS has just released the July CPI data. Economists at MUFG Bank do not expect the British Pound (GBP) to enjoy substantial gains following...
Share: GBP/USD meets with a fresh supply on Thursday and is pressured by sustained USD buying. Bets for one more Fed rate hike in 2023 and...
Share: EUR/GBP extends its losses due to better-than-expected UK inflation figures. Eurozone moderate GDP numbers were not helpful to stem Euro’s weakness. Traders await UK Retail...
Share: Economists at ING analyze EUR/GBP outlook. The 0.8500 support is under threat The Sonia curve is fully pricing in a 6.0% peak rate in the...
Share: GBP/JPY corrects from a fresh multi-year peak and is pressured by reviving demand for the JPY. The yield on the benchmark 10-year JGB climbs to...
Share: Pound Sterling surrenders recovery as more interest rate hikes from the BoE are warranted for the achievement of price stability. The UK housing sector faces the...