The Pound Sterling capitalizes on risk-on mood and rises to 1.2660. UK’s upbeat Manufacturing PMI data and increasing home prices suggest that the recession in the...
The Pound Sterling rebounds, although easing UK inflation keeps its broader appeal weak. Upbeat S&P Global/CIPS UK Manufacturing PMI supported the Pound Sterling. UK’s shop price...
The Pound Sterling falls to 1.2600 against the US Dollar as investors wait for US core PCE inflation data for February. The Fed’s preferred inflation gauge...
In an interview with the Financial Times (FT) on Thursday, Bank of England (BoE) policymaker Jonathan Haskel warned against rushing to cut interest rates. Haskel said...
The Pound Sterling drops as investors expect the BoE to cut rates sooner than expected. BoE Bailey said market expectations for two or three rate cuts this...
Pound Sterling drops on firm BoE rate cut projections The Pound Sterling (GBP) falls to near 1.2600 in Wednesday’s early American session. The broader appeal remains weak as investors...
The Pound Sterling retreats on higher BoE rate cut projections. BoE Bailey says he doesn’t see market expectations for two or three rate cuts as unreasonable. This...
The Pound Sterling (GBP) is consolidating at slightly lower levels after the Bank of England’s dovish bout of communications late last week. Economists at ING analyze...
Pound Sterling weakens as BoE turns slightly dovish on interest rates The Pound Sterling (GBP) remains vulnerable against the US Dollar in Friday’s early New York session...
GBP/USD remains weak. Economists at Scotiabank analyze the pair’s outlook. Price action retains a soft look Sterling remains soft, with market sentiment still quite sour after...
The BoE vote that revealed the two voters for a hike previously abandoning that stance has fuelled renewed GBP selling. Economists at MUFG Bank analyze Pound’s...
The Pound Sterling tumbles on increasing expectations that the BoE will opt for interest-rate cuts later this year. BoE Mann’s support for keeping interest rates unchanged...
Thursday’s Bank of England meeting failed to provide the Pound Sterling (GBP) with another boost. Economists at Commerzbank analyze GBP outlook. Disenchanting day for the Pound...
The Bank of England (BoE) governor Andrew Bailey indicated on Friday that markets can anticipate more than one interest rate cut this year, saying he is...
The Pound Sterling rallies to 1.2800 ahead of BoE’s policy decision. February’s soft UK inflation report could allow the BoE to deliver a slightly dovish guidance....
The UK central bank is expected to keep its policy rate unchanged at 5.25%. The Bank of England is seen reducing its rates earlier than estimated...
The Pound Sterling (GBP) has not moved much in response to the February UK CPI data released by the Office for National Statistics (ONS). Economists at...
EUR/GBP gains some positive traction on Wednesday, albeit lacks follow-through. The immediate market reaction to the softer UK inflation figures fade rather quickly. Traders keenly await...
GBP/USD trades on a weaker note near 1.2719 on the stronger USD. The Fed is likely to keep its benchmark rate steady on Wednesday. UK CPI...
GBP/USD remains on the defensive near 1.2726 amid the stronger USD and risk-off mood. Fed is likely to maintain its monetary policy for a fifth straight...