13 October 2023 Pound Sterling Supported, Bank of England Could Raise Rates Again As Gas Price Surge Extends

A surge in natural gas prices and an uptick in U.S. core inflation are two signals that could prompt the Bank of England into another rate hike before year-end.

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12 October 2023 Pound Sterling Defends Gains Following News The Economy Returned to Growth in August

The British Pound looks to defend a run of small daily gains against the Euro and a more pronounced short-term rebound against the Dollar but will find little assistance from uninspiring GDP data.

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10 October 2023 Pound Sterling Reboot vs. Euro and Dollar Ahead: Bank of America

The British Pound looks set to reboot its rally against the Euro and Dollar over the coming months according to analysis from Bank of America Merrill Lynch.

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06 October 2023 Pound Sterling Freed From Overhang of Positioning Headwinds

The market is neutrally positioned on the Pound following weeks of selling pressure, meaning the risk of a further sizeable decline driven by repositioning is greatly reduced.

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05 October 2023 Bank of England to Boost Pound Sterling's Prospects against Euro and Dollar With Another Rate Hike: Ebury

Financial services firm Ebury expects the Bank of England to raise interest rates again before year-end and expects the move to improve the British Pound's prospects against the Euro and Dollar.

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04 October 2023 Pound Rises on Upward Revision to September's PMI Data

There was a small, albeit clear, rise in the value of the Pound against the Euro and Dollar following the announcement of a sizeable upgrade to the UK's PMIs for September, which suggests the econoโ€ฆ

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04 October 2023 Pound Sterling to Recover Against Euro, But Dollar Strength Can Extend: Rabobank

The British Pound can recover against the Euro as Germany's economic growth outlook deteriorates, but further losses against the Dollar can be expected.

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