A buildup of long positions ahead of a potential interest rate cut on Thursday could hold back the British Pound.
Read more … →Pound Sterling has retreated against the Euro and Dollar but extended gains against the Australian and New Zealand Dollars amidst deteriorating investor sentiment.
Read more … →According to the latest data showing how global investors view the currency, investor optimism in the British Pound has reached record levels.
Read more … →The British Pound might find the Bank of England keeps interest rates elevated for longer as the Government agrees to a round of inflation-busting pay increases.
Read more … →Pound Sterling continues to retreat from recent highs, helped along the way by UK retail sales data that showed a sharp slump in activity in June.
Read more … →Just-released wage data are no smoking gun for an August interest rate cut, however Pound Sterling's bullish run could be entering a consolidative phase against the Euro and Dollar.
Read more … →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 Augusโฆ
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