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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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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