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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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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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 decisi…
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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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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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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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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 incr…
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