The Governor of the Bank of England has all but confirmed interest rates won't rise in November in comments that can add further pressure on the Pound.
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The British Pound outlook is constructive as analysts say UK inflation data raise the possibility of another interest rate hike at the Bank of England by early 2024.
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A leading currency strategist says that risk/reward favours being short the British Pound into tomorrow's CPI inflation data release.
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GBPEUR chart reveals pressures building, retest of 1.15 now back on cards.
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GBPEUR looks intent on rising towards the top of its summer range near 1.17 based on recent market developments that include fresh signs the European Central Bank (ECB) has completed its interest r…
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Strategists at Westpac look for the Euro to fall further against the British Pound.
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The impact of higher mortgage rates and an incoming series of Bank of England interest rate cuts leaves analysts at ING Bank predicting a gradual slide is on the card for the Pound against the Euro…
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