15 November 2023 Pound Sold After UK Inflation Plummets

The British Pound was softer across the board after UK inflation figures for October came in below analyst expectations and verified market expectations that the Bank of England would be in a posit…

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14 November 2023 Pound Sterling Bid vs. Euro & Dollar Following Hot Wage Print

The British Pound rose against the Euro, Dollar and most other currencies as an initial reaction to surprisingly strong UK wage numbers and news that the UK unemployment rate was unchanged in Septe…

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10 November 2023 Not Even a GDP Beat Can Save the Sinking Pound

A string of UK economic growth figures have roundly beat expectations, but the British Pound has found little comfort and is likely to remain under pressure over the coming days.

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09 November 2023 "Buying Thrust" Could Propel Pound Sterling Higher Against Euro and Dollar Into Year-end

According to an analyst we follow, a "buying thrust" in global equity markets could be underway, and market correlations mean it could just propel the British Pound higher into year-end.

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08 November 2023 Pound Sterling's 'False Dawn' as Bailey Struggles to Convince

The jump in the value of Pound Sterling seen last week appears to be something of a false dawn for those wanting a stronger exchange rate as the UK currency comes back under pressure amidst a softe…

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03 November 2023 Pound Sterling Steadier After Bailey Pushes Back Against Rate Cut Bets

The Pound recovered from its lows after the Governor of the Bank of England pushed back at rising expectations that the Bank of England would cut rates by as early as the third quarter of 2024.

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02 November 2023 Bank of England in 'Hawkish Hold'

The British Pound was higher against the Euro, Dollar and other major currencies after the Bank of England kept interest rates at 5.25% and managed to deliver a credible message that interest rates…

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