16 May 2018 Morgan Stanley "Preparing to Buy" the British Pound, but final "Leg lower" Must First Pass

Foreign exchange strategists at global investment bank Morgan Stanley have told clients in a mid-year foreign exchange forecast update they are preparing to buy Pound Sterling, but only after furth…

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15 May 2018 British Pound Firms as Employment & Wage Numbers Hit Target

The British Pound firmed as a highly-anticipated set of labour and wage data broadly met expectatations.

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14 May 2018 The Pound Showing Potential For a Rebound If Labour Data Points to Rising Wages

Sterling could be extra-sensitive to employment and wage data out on Tuesday due to the increasing tightness of the labour market.

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11 May 2018 British Pound Sell-Off vs. Euro, Dollar Fades as FX Traders Eye Positive Guidance form Morrisons and Next

Pound Sterling suffered a fire-sale during the Bank of England's super-Thursday event, but ahead of the weekend we are finding the bears to be running out of steam with some positive hints about th…

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10 May 2018 Bank of England Delays an Interest Rate Rise, Again

Rolling coverage of Pound Sterling's reaction to the release of the Bank of England's Monetary Policy Committee decision, Inflation Report and press conference.

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10 May 2018 Pound Sterling and the BoE: Potential Moves vs. Euro and U.S. Dollar

While no change to the interest rate is now expected at this month's event, the Bank's guidance and details contained within Inflation Report could be crucial in setting up market expectations for …

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09 May 2018 Bank of England: This is now a Question of Credibility

For the Bank of England, May's interest rate policy decision and Inflation Report is not simply about guiding market expectations on the path of future policy, rather it's about the continued credi…

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