Share: EUR/GBP has faced pressure around 0.8575 as UK Services PMI has matched expectations. The UK economy is facing issues of labor shortages due to Brexit...
Share: The Pound Sterling is displaying back-and-forth turns as households are facing the burden of high inflation. Inflation in the United Kingdom is sticky due to...
Share: EUR/GBP remains pressured, mostly inactive, after a two-day downtrend amid sluggish markets. Trader’s wait for Eurozone/UK PMIs for June also restrict immediate EUR/GBP moves. Mixed...
Share: GBP/JPY kicks off the new week on a positive note and climbs back closer to the multi-year peak. The BoJ’s dovish stance continues to undermine...
Share: GBP/USD remains sidelined after rising the most in a fortnight, as well as rising in three consecutive quarters. UK Health Secretary eyes fresh talks with...
Share: GBP/USD drops sharply in the North American session following the release of outstanding data in the United States (US), painting an optimistic economic outlook and...
Share: GBP/USD remains pressured at the lowest level in a fortnight, poking five-week-old rising support. BoE’s Bailey defends hawkish bias, tames UK recession woes but Pound...
Share: Pound Sterling is under pressure as BoE Bailey is expected to deliver hawkish remarks. The United Kingdom government is adding measures beyond monetary tools in...
Share: GBP/USD holds onto the previous day’s recovery moves after snapping three-day downtrend. Market’s cautious optimism, hawkish comments from BoE’s Dhingra underpin Cable pair’s rebound. Upbeat...
Share: GBP/USD is gauging support near 1.2700, however, the downside seems favored due to the risk-aversion theme. On Thursday, the BoE surprisingly announced a fat rate...
Share: GBP/USD extended its losses after hitting a daily high of 1.2841 after the Bank of England (BoE) surprised the markets by hiking rates 50 bps...
Share: Pound Sterling has stretched its recovery ahead of the Bank of England’s interest rate decision. Core inflation in the United Kingdom is moving in the...
Share: Interest rate decision from the UK central bank is due this Thursday. The Bank of England is set to deliver another 25 bps rate hike,...
Share: The EUR/GBP scales higher for the fourth straight day and touched over a one-week high on Thursday. The ECB’s hawkish outlook continues to underpin the...
Share: The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, June 22 at 11:00 GMT and as we get closer to the...
Share: GBP/USD picks up bids to pare weekly losses, the first in four, after upbeat British inflation data. UK CPI reprints 8.7% YoY for May versus...
Share: EUR/GBP picks up bids to refresh intraday highs, stretches recovery from 10-month low. ECB policymakers suggest higher rates despite softer German PPI. UK’s two-year borrowing...
Share: Early Tuesday morning in Asia, The Times came out with the news suggesting that the UK government’s two-year borrowing costs have risen above 5% for...
Share: Pound Sterling stays under modest bearish pressure even though investors remain sidelined ahead of inflation data. United Kingdom’s inflation is expected to soften slowly as...
Share: EUR/GBP consolidates its recent slide to the lowest level since August 2022 touched this Monday. Bets for more aggressive BoE tightening underpin the GBP and...