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...
The Pound Sterling trades sideways near 1.2800 against the US Dollar ahead of the US NFP data for May. US NFP will significantly influence expectations for...
The Pound Sterling remains sideways against the US Dollar with eyes on crucial US economic data. Market speculation for the Fed reducing interest rates in September...
The Pound Sterling faces selling pressure near 1.2800 against the USD even though traders raised Fed rate-cut bets for September. A weak US factory PMI report boosts the possibility...
The Pound Sterling rises to 1.2770 as US ISM Manufacturing PMI for May misses estimates. UK’s stubborn service inflation keeps the uncertainty about the timing of BoE...
The Pound Sterling is down slightly against the US Dollar ahead of the US core PCE inflation data. The underlying US inflation data is expected to...
The Pound Sterling drops after facing selling pressure near 1.2800 due to multiple tailwinds. A soft UK inflation outlook could prompt the BoE to start unwinding...
The Pound Sterling moves higher as the US Dollar drops even though Fed rate-cut bets ease. Improved US economic outlook has weighed on Fed rate-cut prospects...
EUR/GBP rebounds to 0.8530 as ECB Schnabel doubts over rate cuts in July. The Euro has strengthened due to strong preliminary Eurozone PMI data for May....
The Pound Sterling falls sharply to 1.2670 as UK Retail Sales contracted at a faster pace than expected. Weak UK Retail Sales data for April suggests...
The Pound Sterling jumps to 1.2750 as UK inflation for April remains hotter than expected. UK annual core inflation rose by 3.9%, likely impacting BoE rate-cut...
The Pound Sterling trades strongly above 1.2700 against the US Dollar ahead of UK inflation data. UK inflation is forecasted to have declined sharply in April....
The Pound Sterling holds strength near 1.2700 as investors turn risk-averse on firm Fed rate-cut hopes. April’s UK headline inflation is expected to return to near...
The Pound Sterling consolidates slightly below 1.2700 as the focus shifts to UK inflation data. Investors expect that the BoE could start reducing interest rates in...
Bank of England (BoE) Monetary Policy Committee (MPC) member Megan Greene said on Thursday that the inflation persistence has waned since she joined the MPC last...
The Pound Sterling holds gains near 1.2700 amid cheerful market sentiment. UK’s steady wage growth keeps BoE rate-cut context uncertain. An expected decline in the US...
The Pound Sterling jumps to 1.2600 amid uncertainty over BoE rate cuts and a soft US Dollar. Steady UK wage growth deepens fears of persistent inflationary...