02 July 2024 Political Stability Bags Pound Sterling an Upgrade against Euro and Dollar

MUFG Bank says the UK's political outlook contrasts favourably with developments in Europe and a strengthening economy will limit the amount of interest rate cuts the Bank of England can deliver inโ€ฆ

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28 June 2024 Pound Sterling Firms: Rising Incomes and Falling Inflation Boost UK Q1 Economic Growth

The British Pound firmed ahead of the weekend, helped in part by news UK's economy grew more than was previously estimated in the first quarter of this year as the impact of rising incomes and fallโ€ฆ

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27 June 2024 Pound Sterling Pressured By Euro and Dollar as Global Markets Fear Inflation's Return

The British Pound dropped amidst surging bond yields and falling global equity markets as investors feared inflation was making a return.

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25 June 2024 Pound Sterling Could Sling-shot 1.20 against Euro Says One Analyst

According to a new analysis, the British Pound could rise to its highest level against the Euro since 2016, but one major investment bank disagrees.

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21 June 2024 Pound Sterling: Retail Sales, PMIs Help Pare Recent Losses against Euro and Dollar

The British Pound will head into the weekend with some wind in its sails thanks to an above-consensus retail sales print from the ONS.

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20 June 2024 Pound Sterling Falls as Bank of England Signals August Interest Rate Cut

Pound Sterling fell after the Bank of England kept interest rates unchanged at 5.25% but issued guidance that suggested it was close to a 25 basis point rate cut.

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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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