Speculative traders have significantly increased their bets for Pound Sterling to strengthen amidst a notable shift in sentiment for the better in the UK currency.
Read more … →
The British Pound should remain supported says Goldman Sachs in an analysis of the currency's outlook that follows last week's Bank of England's decision to raise interest rates by 50 basis points.…
Read more … →
The Bank of England grasped the seriousness of the UK's inflationary pressures by opting to raise interest rates by 50 basis points, a move that Pound Sterling Live reported was a bare minimum if t…
Read more … →
The Bank of England would need to raise Bank Rate by 50 basis points today if Pound Sterling is to gather support, according to analysts.
Read more … →
The Bank of England will raise interest rates by 50 basis points as it races to put a lid on UK inflation expectations following fresh data confirming price rises are becoming increasingly embedded…
Read more … →
Pound Sterling faces a key test in the form of the UK inflation release on Wednesday, June 21 as the figures will have a sizeable impact on the future of UK interest rate policy at the Bank of Engl…
Read more … →
"Although the economy has proved resilient to the cost of living crisis, which is coming to an end, we think the cost of borrowing crunch will send it over the edge" - Capital Economics.
Read more … →