The British Pound will find support from news that March saw the UK economy record another solid upturn and rising inflationary pressures.
March 21,2024
The British Pound proved remarkably resilient after UK inflation figures undershot expectations, putting the Bank of England on course to cut interest rates in the summer.
March 21,2024
Pound Sterling is "stretched" and at risk of a pullback heading into the Bank of England's Thursday policy decision.
March 19,2024
The UK economy returned to growth in January, according to monthly GDP data, which can help the British Pound stabilise from its recent slide against the Euro and Dollar.
March 13,2024
UK wage and employment data undershot market expectations, boosting the odds of a June rate cut at the Bank of England and resulting in a broadly weaker British Pound.
March 13,2024
The British Pound was softer on the day a much-watched survey of the UK job market confirmed an ongoing trend of cooling wage increases just a day ahead of the official ONS wage data release.
March 13,2024
The Pound to Euro exchange rate extended gains to 1.1727 after members of the European Central Bank's Governing Council (GC) raised the prospect of an April rate cut.
March 8,2024
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