19 June 2024 Pound Sterling: BoE to Ready Markets for "Insurance" Rate Cut

The British Pound was boosted by a stronger-than-expected UK inflation print on Wednesday, but the gains faded as investors turned their attention to Thursday's Bank of England interest rate decisiโ€ฆ

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19 June 2024 Pound Boosted by Hot Services Inflation Reading, Headline CPI Hits Magic 2.0%

The British Pound rose after the UK reported another strong services inflation print, although the headline CPI inflation rate hit the Bank of England's 2.0% target.

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18 June 2024 Pound Sterling to Rally if Bank of England's Ramsden Drops His Vote for Interest Rate Cut

The British Pound would rise if Dave Ramsden dropped his vote for an interest rate cut on Thursday, as this would materially lower the odds of an August interest rate cut.

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14 June 2024 Pound Sterling Hit by Wave of Proft Taking Ahead of Key Week

The British Pound is under pressure amidst deteriorating investor sentiment towards Europe and caution ahead of next week's inflation data release and Bank of England decision.

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11 June 2024 Pound Sterling Supported by Strong Wage Growth

The British Pound fell against the Euro and Dollar after the UK reported job losses and rising unemployment in its latest employment figures, although losses will be limited by still-high wage incrโ€ฆ

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07 June 2024 Pound Sterling Boosted by Strong U.S. Jobs Report, Here's Why

The British Pound is an unlikely winner following the release of above-consensus U.S. labour market figures as investors see implications for the UK economy and Bank of England decision-making.

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05 June 2024 Pound Sterling "At Risk of Summer Correction" against Euro and Dollar

The British Pound remains one of 2024's best-performing currencies, but analysts say the market is mispricing Bank of England rate cuts and a close election result, which could make for a soggy sumโ€ฆ

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