The fall in value in the British Pound witnessed in the wake of the June 24 Bank of England policy update is justified according to analysis from Commerzbank.
June 25,2021
BNP Paribas have named the British Pound their "idiosyncratic top pick" in a regular quarterly economic and strategic briefing, saying the UK's economy is likely to outperform its peers and allow the Bank of England to raise interest rates in August 2022.
June 23,2021
The Pound-to-Euro exchange rate enters a pivotal week having held comfortably above 1.16 even after a heavy fall on Friday, and could have scope to retest its 2021 highs around 1.18 over the coming days if there's any 'hawkish' tinge to the latest Bank of England (BoE) policy update on Thursday.
June 20,2021
Foreign exchange strategists at investment bank Nomura are looking to sell the Euro and buy Pound Sterling in anticipation of outperformance by the UK currency.
June 18,2021
The Lira hit record lows against the Dollar Thursday while ceding substantial ground to other currencies even after the Central Bank of the Republic of Turkey (CBRT) held its interest rate steady, although there’s no shortage of reasons for why the Turkish currency could make a comeback soon.
June 17,2021
The Euro appears to be one of the major losers of the U.S. Federal Reserve's shift in stance, particularly against the British Pound.
June 17,2021
The Pound-to-Euro exchange rate entered the new week above 1.16, a level upon which its grip could solidify over the coming days if an action-packed UK economic calendar can be navigated without upset, although international factors will pose up and downside risks.
June 14,2021
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