Pound Sterling's rally against the Euro and Dollar has been checked by a fall in UK bond yields as investors maintain bets for Bank of England rate cuts in 2024.

December 7,2023

The Bank of England will cut interest rates before the U.S. Federal Reserve and the European Central Bank, leading to a soft trajectory for the British Pound in 2024.

December 6,2023

The British Pound looks set to score a second consecutive weekly gain against the Euro, aided by a surprise rise in UK house prices, pushback against rate cut bets by Bank of England's Megan Greene, and a large undershoot in Eurozone inflation.

December 1,2023

The British Pound is finding support as "the message is getting through" that the Bank of England is serious about keeping interest rates at 5.25% for longer than the market expects.

November 30,2023

A long Bank of England rate hold "could make the Pound proud in 2024," says Reuters market analyst Robert Howard.

November 28,2023

GBP can benefit as new tax cuts and increased spending on benefits by the government lean against market expectations for Bank of England interest rate cuts, according to analyses that follow the government's latest budget update.

November 24,2023