The Pound rose against all major currencies this week as it drew a line under prior losses but BofA Global Research says it can still rise further against the Dollar, Euro, Japanese Yen and Swiss F…
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Pound Sterling climbed against all major currencies except an outperforming Australian Dollar on Thursday after official data cast the UK economy in a resilient light for the second quarter.
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Pound Sterling underperformed most other major currencies in early trade on Wednesday after a widely anticipated rebound in UK inflation underwhelmed expectations and services sector inflation fell…
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Pound Sterling rose against all major currencies in early trade on Tuesday, driven by a bid in GBP/EUR, after official data showed employment rising and the unemployment rate falling late in the se…
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The British Pound might stay under pressure in the near term, but a "hawkish" cut from the Bank of England could help it reclaim its status as an outperformer.
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The British Pound is under pressure after the Bank of England Monetary Policy Committee (MPC) voted by a narrow margin to reduce Bank Rate to 5.0% from 5.25%.
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The British Pound is weaker across the board as the odds of a Bank of England rate continue a steady rise, with the market now odds-on for a cut to be announced tomorrow.
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