01 August 2024 Bank of England Rate Cut Puts Pound Sterling Under Pressure vs. Euro and Dollar

The British Pound is under pressure after the Bank of England Monetary Policy Committee (MPC) voted by a narrow margin to reduce Bank Rate to 5.0% from 5.25%.

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31 July 2024 Pound Sterling Feels Weight of Rising Rate Cut Odds

The British Pound is weaker across the board as the odds of a Bank of England rate continue a steady rise, with the market now odds-on for a cut to be announced tomorrow.

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31 July 2024 Pound Sterling to Rise against Euro and Dollar on a "Hawkish Cut" - Analysts

The Bank of England preview: downside and upside scenarios for the British Pound.

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30 July 2024 Pound Sterling's Record Positioning Poses Significant Headwind

A buildup of long positions ahead of a potential interest rate cut on Thursday could hold back the British Pound.

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25 July 2024 Pound Falls Against Euro and Dollar on Stock Market Rout

Pound Sterling has retreated against the Euro and Dollar but extended gains against the Australian and New Zealand Dollars amidst deteriorating investor sentiment.

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24 July 2024 Optimism in Pound Sterling Hits Record Levels

According to the latest data showing how global investors view the currency, investor optimism in the British Pound has reached record levels.

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23 July 2024 Pound Sterling: Potential Fresh Tailwinds From Reeves' Inflation-busting Pay Increases

The British Pound might find the Bank of England keeps interest rates elevated for longer as the Government agrees to a round of inflation-busting pay increases.

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