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Strategists say the UK General Election of July 04 is no headwind to Pound Sterling; in fact, it is why some are holding a bullish stance on the UK currency.
May 23,2024
Pound Sterling risks a setback against the Euro if the midweek release of UK inflation undershoots expectations and Eurozone PMI figures better those from the UK on Thursday, as some analysts expect.
May 20,2024
Pound Sterling commands a bullish bias against the Euro in the near term, but next week's inflation print could prompt meaningful losses if it comes in soft and solidifies a June rate cut at the Bank of England.
May 17,2024
GBP is a 'sell' against the EUR with some strategists and will unlikely regain its 2024 highs as the Bank of England sharpens the knife for a June interest rate cut.
May 15,2024
The Pound proved resilient following the release of above-consensus wage data, but it has lost ground following Huw Pill's latest speech.
May 14,2024
After two consecutive weeks of decline, the Pound to Euro exchange rate will need a strong wage print to end this week in the green.
May 13,2024
Pound Sterling continues to lose ground against the Euro in the run-up to Thursday's Bank of England decision.
May 9,2024
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