According to a strategy note from TD Securities, the British Pound looks set to decline in value in the wake of today's Bank of England decision.

November 2,2023

The British Pound can walk away unscathed from the Bank of England's November interest rate decision if no members of the Monetary Policy Committee (MPC) vote for a rate cut and inflation and growth forecasts do not change drastically.

November 1,2023

The Pound could be set for deeper falls over the coming weeks if the Bank of England allows financial markets to bring forward the expected timing of the first interest rate cut of 2024.

October 31,2023

This week, a key danger to the British Pound is that the Bank of England becomes the first of the major central banks to signal it is now considering cutting interest rates.

October 30,2023

The British Pound is staging a desperate attempt to defend the tentative floors of support it has established against both the Euro and Dollar ahead of next week's all-important Bank of England interest rate decision.

October 27,2023

The British Pound edged higher against the Euro and Dollar as an initial reaction to a better-than-expected labour market survey, but moves will likely be limited ahead of the PMI survey release due at 09:30 BST.

October 24,2023