The September meeting of the MPC concludes at 12:00 pm Wednesday and so the latest labour market data could hold sway over the tone of Thursday’s monetary policy statement.
Read more … →The Pound's run higher could extend in the near-term say Bank of America but they reiterate their forecast for the currency to end 2017 at lower levels saying the bounce is temporary in duration.
Read more … →We ask analysts where they see the GBP/USD exchange rate going next now that it has triggered a fresh one-year high.
Read more … →Price action in the Pound Sterling comes after the House of Commons voted through the European Union Withdrawal Bill at its second reading.
Read more … →The bounce in inflation now heaps pressure on the Bank of England to consider raising interest rates in order to cool prices rises and add further support to the British Pound
Read more … →The Bank of England’s Andy Haldane is a wild card among the nine-person Monetary Policy Committee who could light a fire under the Pound Sterling at one of the MPC’s upcoming meetings.
Read more … →Triangulation of cross rates could see another bout of broad Euro strength lifting the Pound-to-Dollar rate, regardless of what happens in the UK.
Read more … →