Why Pound Sterling Faces Temporary Setback in Wake of Bank of England Hike
The pound could fall after Thursday's hike in a sell-the-fact move, but Pound Sterling Live expects any weakness to be shallow.
The pound could fall after Thursday's hike in a sell-the-fact move, but Pound Sterling Live expects any weakness to be shallow.
The consensus is ripe to be challenged.
More →Far better rates than the banks and a 0% transfer fee, with your own account manager, through two payment partners we have vetted and worked with for years.
Our partners quote a rate far closer to the market, with a 0% transfer fee, so more of your money arrives as currency. A bank builds its charge into the rate: by our own checks, the five biggest UK high street banks keep between ยฃ275 and ยฃ460 of a ยฃ10,000 euro transfer in the rate and fees. With us, that difference is yours.
The same specialist every time, on a direct line. No switchboard, no call centre, and a free quote on your amount before you commit to anything.
ControlA forward contract locks today's rate for a later payment. A market order waits for the rate you want. Trade online or with your dealer.
How we chooseBoth FCA-authorised with client funds safeguarded, vetted against the same criteria, and dealt with at owner level. Pound Sterling Live never holds your money.
Official daily exchange rates from 1971 to today: Bank of England, ECB and interbank sources.
Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)
A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.
The pound could fall after Thursday's hike in a sell-the-fact move, but Pound Sterling Live expects any weakness to be shallow.
Pound Sterling Forecasts Lifted at Goldman Sachs Budget Underpins a Constructive Pound Sterling Outlook Pound Sterling Slides in Wake of BudgetPound sterling's run higher against the euro is at risk of fatigue, Bank of England guidance will be a potential setback trigger.
Pound-to-Euro Forecast to Probe 1.20 This Week Pound-to-Euro Aims for Top of Post-Brexit Range Pound-to-Euro on Cusp of Fresh Highs pre-BudgetThe British pound was overvalued heading into a budget that offered no major surprises.
Pound Sterling Jumps to Fresh 2026 Best Following Jobs Surprise Pound Sterling Falls After Bank of England Strikes a Dovish Tone Burnham's Gen-Z Base Leads Confidence to 2-year HighsBailey says the neutral rate has risen and the economy is resilient, leaving the pound the G7's best performer this week.
Pound Sterling Falls After Bank of England Strikes a Dovish Tone Bank of England Rate Cuts Will Soon Be Back on the Agenda Pound Passes Bank of England TestSterling trades at its best level against the dollar since mid-September after a Democrat sweep of Congress knocked the U.S. currency, although analysts ex...
How U.S. Midterms Could Boost the Pound Against the Dollar Pound-to-Dollar Week Ahead Forecast: U.S. Elections and Jobs Pound-to-Dollar Boost as Tech Earnings Lower Urgency of Fed HikesThe pound faces the risk of a tactical pullback against the Australian dollar after reversing at its July high, although a narrowing Australian interest ra...
Australian Dollar Pressured as RBA Signals Hiking Cycle Is Near Its End GBP/AUD Week Ahead Forecast: Near-term Gains Can Continue Australian Dollar Supported as Inflation Data Locks in November RBA HikeThe New Zealand dollar can recover some ground as markets steady their bets on an RBNZ rate hike, although high inflation and a weakening economy leave the...
New Zealand Dollar Needs a December RBNZ Hike to Staunch the Losses GBP/NZD Week Ahead Forecast: Don't Resist the Rally Pound-New Zealand Dollar Surges to Multi-year High post-RBNZThe euro's losses against the dollar should stay limited into year-end if the European Central Bank pairs a December rate hike with a message that it will ...
Euro-Dollar Upside Capped by French Fiscal Strain US Midterm Elections: What Could They Mean for the US Dollar? Euro-to-Dollar Week Ahead Forecast: Tactical UpsideThe Canadian dollar no longer trades as a bet on oil prices, which leaves it exposed to the US yield gap in the near term, although it should strengthen if...
GBP/CAD Week Ahead Forecast: Pressure Easing Canadian Dollar Backed by Bank of Canada's Hawks Canadian Dollar has Got Ahead of Itself: Spectra's DonnellyThe Swiss franc is undermined by 0% base rate and a misfiring safe-haven bid, but France and an AI rout could shift the narrative.
Chasing Franc Weakness Looks Attractive: Lloyds Bank Pound-Franc Gains Have Further to Run: BofA Swiss Franc Most Vulnerable to Oil Spikes: HSBC