Pound Sterling Extends Pullback on Inflation Undershoot
The British pound could find itself under pressure in the short-term following a string of softer-than-expected inflation numbers.
The British pound could find itself under pressure in the short-term following a string of softer-than-expected inflation numbers.
"Burnhamโs clear preference for an expansionary fiscal stance, higher taxation and larger gilt issuance present a downside risk to markets"
More →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 British pound could find itself under pressure in the short-term following a string of softer-than-expected inflation numbers.
Pound Turns Lower: Tough Realities Await Burnham Pound Sterling and Gilts Drop on Burnham Borrowing Comments Pound Sterling: 'Relentless' DemandThe Pound can outperform the Euro but not the Dollar, according to Lloyds Bank.
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Pound Passes Bank of England Test Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England InterventionThe British pound's advance against the dollar reaches an important technical junction.
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Pound vs. Australian Dollar: What This Week Offers Pound-to-Australian Dollar: Further Gains Possible Australian Dollar: RBA Rate Hike Bets a Fade Says CommerzbankAbove-consensus inflation locks in further RBNZ rate hikes and New Zealand Dollar support, say analysts.
Pound-New Zealand Forecast for the Week Ahead New Zealand Dollar Powers On Pound vs. New Zealand Dollar: The Coming WeekThursday's European Central Bank decision will prove the main near-term focus for the euro.
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