06 August 2023 Pound Sterling Sees Improved Outlook against Euro and Dollar on Bank of England's "Higher for Longer" Stance Says BofA

The Bank of England has succeeded in pushing back interest rate cut expectations amongst market participants and this is supportive of the British Pound over the medium- to longer-term, as it lower…

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04 August 2023 Pound Sterling Outlook Stabilises as the Gap Between Fantasy and Reality on Rate Hike Expectations Closes

The Pound initially fell in the wake of the Bank of England's decision to hike Bank Rate to the highest level in 15 years but it soon recovered as market expectations for further interest rate hike…

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03 August 2023 Bank of England Delivers 14th Consecutive Rate Hike, Pound Recoups Initial Knee-jerk Losses

The British Pound tracked bond yields and fell further against the Euro and Dollar after the Bank of England raised interest rates by 25 basis points, representing a downshift from the 50bp hike de…

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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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