The Pound Sterling falls to 1.2530 as investors turn cautious ahead of the Fed’s policy announcement. Investors will also focus on US Manufacturing PMI and labor...
The Pound Sterling rises to a two-week high near 1.2550 amid an improved market mood. Investors see the BoE pivoting to interest rate cuts in the...
The Pound Sterling comes under pressure as the US Dollar rebounds due to hot US core PCE Price Index data US annual inflation grew at a higher pace...
The Pound Sterling struggles to hold recovery, driven by upbeat preliminary S&P Global/CIPS PMI report for April. Investors speculate that the BoE will shift to rate cuts in...
The Pound Sterling drops to near 1.2300 as the BoE is expected to start reducing interest rates from August. The S&P Global/CIPS UK preliminary PMI data...
The Pound Sterling faces selling pressure as the soft inflation outlook prompts BoE rate cut prospects. Weak UK Retail Sales also contribute to a softer inflation...
GBP/USD attracts some dip-buyers on Monday amid a softer USD, though lacks follow-through. Easing geopolitical tensions boosts investors’ confidence and undermines the safe-haven buck. Reduced Fed...
The Pound Sterling finds cushion near 1.2400 after weak monthly UK Retail Sales data for March. Geopolitical fears and a strong outlook for the US Dollar keep...
“I have become more confident in the evidence that risks to persistence in domestic inflation pressures are receding,” Bank of England Deputy Governor Dave Ramsden on Friday,...
GBP/USD stays firm amid BoE, Fed commentary and US data The Pound Sterling is virtually unchanged against the US Dollar in the mid-North American session, amid...
The Pound Sterling moves higher to 1.2480 as investors see the BoE delaying rate cuts. UK’s stable wage growth is limiting the slowdown in price pressures....
“Achieving inflation target has been a bumpy ride, it was always going to be and that last mile is the hardest work,”Bank of England (BoE) Monetary Policy...
The Pound Sterling stays on the backfoot as the UK ONS reported weaker-than-expected labor market data. Employers laid off workers in February, exhibiting the negative impact of...
GBP/USD plunges below 1.2500 as faded Fed rate cut hopes strengthen the US Dollar. The market sentiment is risk-off as the Fed is expected to delay...
The Pound Sterling remains on backfoot amid dismal market sentiment. UK monthly GDP data for February will provide cues about the current state of the economy....
The Pound Sterling dips below 1.2600 on surprisingly sticky US inflation data for March. The UK monthly GDP data for February will provide fresh cues about the economy’s performance....
EUR/GBP faces rejection near the 100-day SMA and snaps a seven-day winning streak. The better-than-expected BRC Like-For-Like Sales underpin the GBP and exert pressure. Bets for...
The Pound Sterling is slightly under pressure on firm BoE rate cut expectations. Diminished speculation for the Fed pivoting to rate cuts in June provides support...
GBP/JPY fades as UK-Japan interest rates are expected to converge. In the UK, falling inflation is expected to lead to lower interest rates. In Japan rising...
The Pound Sterling drops from 1.2680 as deepening Middle East tensions hurt risk-sensitive currencies. A sharp dip in UK inflation expectations improves BoE’s early rate cut hopes,...