UK wage and employment data undershot market expectations, boosting the odds of a June rate cut at the Bank of England and resulting in a broadly weaker British Pound.
Read more … →
The British Pound was softer on the day a much-watched survey of the UK job market confirmed an ongoing trend of cooling wage increases just a day ahead of the official ONS wage data release.
Read more … →
The Pound to Euro exchange rate extended gains to 1.1727 after members of the European Central Bank's Governing Council (GC) raised the prospect of an April rate cut.
Read more … →
The British Pound has come off its pre-budget highs against the Euro and Dollar as Chancellor Jeremy Hunt rolls out the Spring Budget, which won't bother the Bank of England.
Read more … →
The Spring Budget could be the trigger for further "cyclical outperformance" in the British Pound says Bank of America.
Read more … →
On the eve of the UK budget, a Deutsche Bank analyst tackles the question of whether GBP investors ought to fear the return of the "bond vigilantes" and a repeat of the 2022 episode that saw UK bon…
Read more … →
The British pound could be set to benefit if Wednesday's Spring Budget is considered both responsible and stimulatory to the economy, say foreign exchange analysts we follow.
Read more … →