Bank of England (BoE) Chief Economist Huw Pill said on Tuesday that they still have some work to do on inflation persistence, as reported by Reuters....
The Pound Sterling remains on the sidelines around 1.2560 after weak UK Employment data. UK employers laid off workers for the third time in a row...
The Pound Sterling holds gains above 1.2500 inspired by strong UK Q1 GDP data. The UK economy expanded by 0.6%, moving out of the recession seen...
GBP/USD trades with a mild positive bias around 1.2525 amid the weaker USD on Friday. The BoE kept rates unchanged at 5.25% and opened the door...
GBP/JPY holding above 194.50 as markets continue to sell Yen. BoE still stands pat on interest rates, but officials are slowly changing camps. Trading week to...
The Pound Sterling skids below 1.2500 ahead of the Bank of England’s decision. Investors expect that the BoE could provide a concrete timeframe for rate cuts....
UK central bank is seen keeping its policy rate intact at 5.25%. Bank of England is seen reducing its rates by 75 bps this year. GBP/USD...
EUR/GBP trades on a stronger note for three straight days near 0.8605 on Thursday. The BOE is anticipated to keep its main interest rate at a 16-year high of 5.25% at its May meeting on...
GBP/USD trades on a softer note near 1.2495 in Thursday’s early Asian session. Fed’s Collins emphasized the need to stay higher for longer, as it will take...
GBP/JPY finds fresh highs after “Yenterventions” knocked pair lower. BoE rate call around the corner, UK GDP on Friday. BoE expected to hold rates steady, Gov...
GBP/USD Forecast: Pound Sterling turns fragile ahead of BoE policy announcements GBP/USD came under heavy bearish pressure and lost nearly 0.5% on Tuesday. The pair continues...
GBP/JPY floundered after a late start to the week’s UK markets. UK Retail Sales disappoint, crimping bullish GBP momentum. BoE, UK GDP still on the cards...
The Pound Sterling trades close to 1.2570 against the US Dollar as investors shift focus to the BoE policy decision. The BoE could provide meaningful cues on...
Another dreadful week for the Greenback saw the USD Index (DXY) tumble to three-week lows well south of the 105.00 support, mainly in response to the...
GBP/JPY lethargic near 192.00 handle. Overactive BoJ financing reports tips hat towards FX intervention. Coming up next week: BoE rate call, UK GDP. GBP/JPY is trading...
The Pound Sterling recovers further above 1.2600 amid an improved market mood and a decline in the US Dollar. Labor demand remains weak, and wage growth...
BoJ suspected of stepping into FX markets twice in one week. Market estimates suggest BoJ interventions have cost ¥9 trillion. Yen markets set for a quiet...
The Pound Sterling struggles above 1.2500 despite the Fed’s guidance on interest rates was slightly less hawkish than expected. Fed’s Chair Jerome Powell said he is still...
The Pound Sterling drops below 1.2500 as the US Dollar strengthens ahead of the announcement of the latest Fed policy decision. In a light economic calendar...
GBP/JPY rises steadily as market mood brightens, reducing flows to the safe-haven Yen. Positive lending data in the UK shows credit remains ample. BRC Shop Price...