23 May 2024 Pound Sterling Sheds Weight Following PMI Undershoot

The Pound shed some of the previous day's gains after a survey of the UK economy showed a slowing in activity during May.

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22 May 2024 Pound Sterling Jumps against Euro, Dollar After UK Inflation Beats Expectations

The Pound to Euro exchange rate powered to its highest level since March at 1.1736 after UK inflation fell to 2.3% year-on-year in March, a figure that was higher than the market and the Bank of Enโ€ฆ

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21 May 2024 Warnings of a Negative Shock That Would "Sink" Pound Sterling Against Euro and Dollar

The British Pound "could be in for a negative shock if the Bank of England cuts interest rates at its next two meetings," according to a new analysis.

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16 May 2024 Market Rally Boosts Pound Sterling Against Euro and Dollar

The British Pound has rallied against the Euro, Dollar and other G10 currencies as the foreign exchange market engages a classic 'risk on' gear to rising expectations that the Federal Reserve will โ€ฆ

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14 May 2024 Pound Sterling Falls as Rising Unemployment Trumps Strong Wage Increases

The British Pound firmed following the release of a surprisingly strong UK wage report that will concern policymakers at the Bank of England.

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10 May 2024 GDP Wows, and Pound Sterling Recovers Against Euro and Dollar

The British Pound has rallied against the Euro, Dollar and other currencies after UK economic growth rebounded strongly in the first quarter.

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09 May 2024 Pound Sterling Falls Against Euro & Dollar After Bank of England Readies for a June Rate Cut

The British Pound fell as an immediate reaction to news another member of the Bank of England's rate-setting committee voted to cut interest rates. However, we expect losses to fade.

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