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The Bank of England will have breathed a sigh of relief on receiving today's inflation numbers that showed some sharp falls in the rate of price increases in January.
February 15,2023
GBP was higher in the wake of data that revealed UK wages continue to grow at inflationary levels amidst ongoing 'tightness' in the UK labour market.
February 14,2023
The British Pound looked to defend a weekly advance against the Euro and Dollar as it was revealed the UK economy shrank by more than expected in December.
February 10,2023
The risk-sensitive British Pound was an outperformer on global currency markets after U.S. data came in softer than expected, keeping alive market expectations for an ultimate end to the Federal Reserve's rate hiking cycle.
February 9,2023
The British Pound held onto a recent recovery as some of the 'big-hitters' Bank of England's Monetary Policy Committee (MPC) steered markets towards another rate hike in March as they warned risks to UK inflation were pointed higher.
February 9,2023
GBP/EUR finding support amidst EUR/USD selloff, GBP/USD under pressure amidst USD comeback, NIESR forecasts show UK to avoid meaningful recession.
February 8,2023
GBP came under significant pressure against the EUR and USD ahead of the weekend following the release of surprisingly strong U.S. Data.
February 6,2023
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