14 June 2024 Pound Sterling Hit by Wave of Proft Taking Ahead of Key Week

The British Pound is under pressure amidst deteriorating investor sentiment towards Europe and caution ahead of next week's inflation data release and Bank of England decision.

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11 June 2024 Pound Sterling Supported by Strong Wage Growth

The British Pound fell against the Euro and Dollar after the UK reported job losses and rising unemployment in its latest employment figures, although losses will be limited by still-high wage incrโ€ฆ

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07 June 2024 Pound Sterling Boosted by Strong U.S. Jobs Report, Here's Why

The British Pound is an unlikely winner following the release of above-consensus U.S. labour market figures as investors see implications for the UK economy and Bank of England decision-making.

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05 June 2024 Pound Sterling "At Risk of Summer Correction" against Euro and Dollar

The British Pound remains one of 2024's best-performing currencies, but analysts say the market is mispricing Bank of England rate cuts and a close election result, which could make for a soggy sumโ€ฆ

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31 May 2024 Pound Sterling At Its Strongest Since the Brexit Carnage

According to Bank of England data, the British Pound is trading at its strongest levels since the infamous Brexit selloff, and analysts expect further outperformance in the near term.

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30 May 2024 UBS Favours Pound Sterling, Despite Looming Election

Foreign exchange analysts at UBS retain a constructive bias on the British Pound despite the recent announcement that a General Election will take place on July 04.

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29 May 2024 Pound Sterling Volatility to Rise On a Conservative Comeback, Say Analysts

Pound Sterling has taken news of a July 04 General Election in its stride, hitting multi-week highs against the Euro, but some analysts say the currency could wobble if Labour's sizeable advantage โ€ฆ

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