17 July 2024 Pound Boosted by Another Services Inflation Surprise

Pound Sterling defended its recent gains after UK inflation hit the target in June and left markets none the wiser as to whether the Bank of England would proceed with an interest rate cut in Augusโ€ฆ

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16 July 2024 Pound Sterling's Safe-haven Status Returns

The British Pound rises as it rebuilds its long-lost status as a safe-haven currency.

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12 July 2024 Pound Sterling's Star Can Continue to Rise: XTB

The British Pound is the best performing G10 currency of 2024. Kathleen Brooks, research director at XTB, explains why.

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11 July 2024 GDP Boosts Pound to Multi-month Highs against Euro and Dollar

Pound Sterling rose after the UK's GDP rose more than expected in May, lessening the odds of an interest rate cut on August 1.

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10 July 2024 Pound Sterling Rises After Pill Pares Bank of England Rate Cut Bets

Analysts at Capital Economics say Pound-Euro could now be set for a protracted spell of depreciation.

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08 July 2024 Pound Sterling Outperforms, Haskel Says No to August Rate Cut

The British Pound was boosted Monday after a Bank of England interest rate setter said it is too soon to cut interest rates next month.

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04 July 2024 Pound Sterling: Labour Landslide Win Underpins Constructive Outlook Against Euro (and Maybe the Dollar)

The British Pound is unresponsive to news Labour has won a landslide General Election.

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