The Bank of England voted 5-3 to keep interest rates unchanged - the vote was a shock to markets who have scrambled to buy Sterling.
Read more … →The Pound is the day's best-performing G10 currency as the Bank of England came its closest since 2007 to raising interest rates.
Read more … →Itโs too early to anticipate a sustainable recovery in the Pound based on the view the UK might be heading towards a so-called soft-Brexit argue analysts at Deutsche Bank.
Read more … →The immediate consideration for Pound Sterling today is the release of inflation data for May at 09:30.
Read more … →Pound Sterling was seen under pressure at the start of the new week as two of the most influential ratings agencies announced recent political developments in the UK are negative for the outlook.
Read more … →We are supposed to be in the dog days of summer but with the weather just beginning to warm up here in New York, investors are getting chills from the volatility in the British pound this past week.
Read more … →One important theme of the electron has been the so-called โrevengeโ vote of resentful Remainers.
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