The first interest rate hike in the new cycle will come in November suggest analysts at Lloyds Bank Research.
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The British pound has powered higher on global currency markets following the Bank of England’s warning that markets are under-estimating the prospect of an interest rate cut.
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The British pound is the outperformer on global currency markets on the back of some strong economic data.
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Interest rate rises lie ahead, and sterling will rise as a result. Those hoping for a higher exchange rate will however have to be patient and wait until wages and inflation start shifting higher a…
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The British pound has powered higher on global currency markets as merger & acquisition action prompts buying interest.
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The British pound exchange rate complex has come under pressure on the first day of trade in the new month.
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The British pound has rallied on the back of better-than-expected UK economic growth data.
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