21 September 2023 Pound Sterling Plummets as Bank of England Calls an End to Interest Rate Hikes

Pound Sterling slumped against the Euro, Dollar and other major currencies after the Bank of England said it had ended its interest rate hiking cycle, believing that inflation was now on course to โ€ฆ

Read more … →
21 September 2023 Pound Sterling and Bank of England Predictions: Just One Scenario Could See a Rebound against Euro and Dollar

The Bank of England is increasingly expected to announce a decision to keep interest rates unchanged later today in a decision that could prompt some interesting moves in the British Pound.

Read more … →
20 September 2023 Inflation Slides, Pound Sterling Sent Lower against Euro and Dollar

The British Pound fell against the Euro and Dollar following the release of inflation figures that notably undershot expectations and signalled the pressure on the Bank of England to raise interestโ€ฆ

Read more … →
19 September 2023 Pound Sterling to Remain Supported against Euro and Dollar Near Term Show BNP Paribas Forecasts

Despite a month of selling, the British Pound is unlikely to experience significant weakness going forward according to new research from one of Europe's most prominent investment and commercial baโ€ฆ

Read more … →
17 September 2023 5 Bearish Factors that Could Weigh on GBP Pairs in 2024

While there have been bumps on the road, the Pound has been one of the strongest performers among major currencies in 2023. Buoyed by a hawkish Bank of England and, at times, decent economic data, โ€ฆ

Read more … →
13 September 2023 Pound Sterling: GDP Surprise Prompts Fall against Euro and Dollar

The British Pound was under pressure in midweek trade following the release of data that showed an unexpectedly sharp decline in economic growth in July.

Read more … →
12 September 2023 Pound Sterling: A Last Hurrah for Record Wage Growth

The British Pound moved higher against the Euro and Dollar after UK wage data came in stronger than expected, although signs of rising unemployment means the Bank of England might be able to pause โ€ฆ

Read more … →