The Bank of England raised Bank Rate 25 basis points to 4.25%, its highest level since 2008, and said it would raise interest rates again if required.

March 23,2023

GBP traditionally falls in wake of BoE decisions, why should today be any different?

March 26,2023

The British Pound was higher in the wake of UK CPI inflation that beat expectations in February and raised the prospects of further Bank of England interest rate rises.

March 26,2023

The British Pound is 2023's best-performing developed market currency and further gains are likely say analysts at a major investment bank, despite global banking sector stress.

March 21,2023

Pound Sterling rose widely in the final session of the week despite evident risk aversion among investors who shunned sinking stocks and commodities in favour of government bonds while also giving the U.S. Dollar a wide berth.

March 17,2023

The Pound, Euro and other currencies had almost fully reversed their earlier losses against the Dollar by the final session of the week as market concerns about the stability of banking sectors in the U.S. and Europe appeared to wane, prompting a relief rally in some assets going into the weekend.

March 17,2023