Thursday’s Bank of England (BoE) statement and minutes suggested officials are getting closer to cutting interest rates, ING’s FX Strategist Francesco Pesole notes. August cut is...
GBP/USD hit fresh lows on Friday as Cable extended declines. Upbeat US PMIs drive off risk appetite, bolster Greenback. GBP traders buckle down for a long...
The Pound Sterling strengthens after UK Retail Sales grew more than expected in May. Strong UK Retail Sales could weigh on BoE rate-cut hopes for August. Investors will keenly focus...
EUR/GBP bounced from near-term lows to cross 0.8450. BoE keeps rates on hold, cites still-tight labor market and tricky inflation. Friday to wrap up the trading...
Bank of England (BoE) left the Bank Rate unchanged at 5.25% as widely expected, but delivering a slight dovish twist, Danske Bank’s Analyst Kirstine Kundby-Nielsen notes....
The Bank of England is expected to keep its policy rate unchanged. UK disinflationary pressure accelerated in May. GBP/USD faces an initial up-barrier at 1.2860. The...
GBP/USD pushed above 1.2700 in tepid Wednesday trading. US midweek holiday crimped market volumes, hobbling flows. BoE expected to hold rates, investors to look for shifts...
The Pound Sterling moves higher above 1.2700 as the UK inflation cools down further in line with expectations. UK service inflation remains sticky, which could restrict...
United Kingdom annual CPI rose 2.0% in May vs. 2.0% estimates. British inflation steadies at 0.3% MoM in May, meets forecast. GBP/USD holds above 1.2700 after...
GBP/USD remains confined in a narrow range on Wednesday ahead of the UK CPI. Tuesday’s softer US Retail Sales undermine the USD and lend support to...
The Pound Sterling remains vulnerable around 1.2670 as investors turn cautious ahead of the UK inflation for May and the BoE’s policy outcome. UK’s headline inflation...
The Pound Sterling declines to 1.2660 against the USD as the Fed signals only one rate cut this year. Fed policymakers said they want to see inflation...
The Bank of England (BoE) will keep the Bank Rate unchanged at 5.25% and the first 25-basis-point cut isn’t expected until August, says Kirstine Kundby-Nielsen, FX analyst...
The Pound Sterling (GBP) falls through the key support at 1.2765 amid further moderation in Bank of England (BoE) and Ipsos inflation expectations, says Shaun Osborne, Chief...
EUR/GBP is climbing on Friday after a dip to the 0.8400 handle. ECB soothing talking points are helping to recover sentiment, but only slightly. BoE rate...
GBP/JPY hit a new 16-year peak of 201.32 on Thursday. JPY traders are buckling down ahead of the BoJ’s latest rate call. Sterling markets are shrugging...
The Pound Sterling edges lower against the USD as the Fed scales back to fewer rate-cut projections. UK’s economic recovery halts as factory and construction activities...
The Pound Sterling rebounds to 1.2750 as steady UK wage growth undermines BoE rate-cut bets for the August meeting. UK Average Earnings Excluding bonuses rose steadily by 6%. Investors...
Pound Sterling rebounds as steady UK wage growth diminishes BoE rate-cut bets The Pound Sterling (GBP) revives intraday losses and recovers to 1.2740 in Tuesday’s London...
The Pound Sterling drops to 1.2700 as delayed Fed interest rate-cut prospects dampen market sentiment. The strong US NFP report for May hit market speculation for...