02 August 2023 Pound Sterling: Bank of England Downshift Could Spell Weakness say Analysts

The British Pound was softer against the Euro and Dollar as investors reduced exposure ahead of Thursday's Bank of England decision where anything other than a 50 basis point interest rate hike cou…

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01 August 2023 GBP/USD Rate Near Landmark Support Levels on Charts

The Pound to Dollar exchange rate extended losses toward landmark levels on the charts Tuesday when results of an influential survey told of a so far underwhelming rebound in the U.S. manufacturing…

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01 August 2023 Pound Sterling to Benefit against Euro and Dollar on Improved UK Political Backdrop says Berenberg

An improved political outlook means the British Pound will see further upside against the Dollar and a steady trade against the Euro over the coming months and years, according to Berenberg Bank's …

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30 July 2023 The Pound Looks to the Bank of England to Reboot its 2023 Rally

The British Pound reached new 2023 highs against the Euro and Dollar in July before the uptrend all but stalled in the second half of the month, but August's Bank of England policy meeting could re…

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28 July 2023 Buying Euros and Dollars at Heathrow: Holiday Money Costs Exceptionally High

The cost of buying holiday money at Heathrow airport remains exceptionally high with significant spreads being charged for those looking to pick up cash prior to departure.

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28 July 2023 ECB Opens the Door to Bank of England Pause

GBPEUR back near 1.17 amidst broader EUR pullback after ECB signals rate hiking cycle is likely done.

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26 July 2023 Pound Sterling Hedging Opportunity or Imperative Rarely Greater 

Pound Sterling has remained an outperformer among major currencies for the year in recent trading but with market interest rate assumptions implying close to unprecedented monetary tightening still…

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