15 January 2020 Pound Under Pressure after UK Inflation hits Three-Year Low and Cements Case for Bank of England Rate Cut

Pound Sterling's economic headache was in danger of morphing into a migraine on Wednesday after official statistics revealed a steep and surprise fall in inflation for the month of December, all buโ€ฆ

Read more … →
15 January 2020 Saunders Adds to Calls for Bank Rate Cut, Sterling Tipped to Remain Under Pressure

Bank of England MPC member Michael Saunders makes the case for an interest rate cut, and we would expect the Pound to remain under pressure in the current environment, and the short-term downtrend โ€ฆ

Read more … →
15 January 2020 Pound Sterling: Forget Trade Talks, it's the Budget that will Deliver the Next Big Moves vs. the Euro and Dollar says Swiss Bank

Analyst Shahab Jalinoos at Credit Suisse in Zurich says the big ticket event for the Pound in the first three months of 2020 will come in the form of the government's budget announcement.

Read more … →
14 January 2020 Pound Sterling a Buy says Strategist, Bank of England is Just Bluffing

A leading foreign exchange strategist has said the Pound's current bout of weakness - largely driven by expectations for an interest rate cut at the BoE - could ultimately be short-lived.

Read more … →
13 January 2020 Pound Sterling Slips Below 1.17 vs. Euro, 1.30 vs. Dollar on Building Bank of England Rate Cut Expectations

The British Pound was trading in the red against the Euro, U.S. Dollar and other major currencies at the start of the new week, with foreign exchange analysts saying the weakness can be linked to bโ€ฆ

Read more … →
10 January 2020 Pound Claws Back Carney-Lead Losses

The British Pound is on Friday recovering some of the ground it lost in the wake of comments from Bank of England Governor Mark Carney, with analysts saying the Governor's intervention on the outloโ€ฆ

Read more … →
09 January 2020 Carney Comments Trigger Pound Sterling Selloff

The British Pound turned lower in mid-morning London trade, with analysts citing a combination of potential factors, ensuring the currency's relatively volatile start to 2020 continues.

Read more … →