The Bank of England is set to raise interest rates in the second or third quarters, according to the reaction of interest rate and foreign exchange markets to the August policy update.
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"We see moderate upside risks to GBP if our base case is confirmed as the BoE slowly moves toward the exit" - James Rossiter at TD Securities.
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The British Pound stuttered into August and went lower against the Euro, Dollar and a host of other currencies, with investors taking money off the table ahead of Thursday's Bank of England policy …
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The Pound-to-Euro exchange rate has made an enthusiastic bid for the ground above 1.1730, a level which it could get the better of again this week if Sterling continues catching the eye of institut…
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For the British Pound the main event of the week ahead will be the Bank of England's August policy report which falls on Thursday, but analysts say to keep a watch of both domestic and global Covid…
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The British Pound has rebounded against most major currencies as July comes to a close, but next week's pivotal Bank of England policy update could invoke some caution amongst investors.
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The British Pound's outlook is brightening on signs a third wave of Covid-19 infections in the UK is ending according to analysts, with one saying they are recommending investors buy GBP/EUR this w…
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