Risks stemming from next Thursday's Bank of England interest rate decision are to the downside for Pound Sterling.
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Pound Sterling is in demand on a combination of renewed U.S. banking fears and expectations that the European Central Bank was nearing a peak in its interest rate hiking cycle, which in turn implie…
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The Pound rose against a softening Dollar and many other currencies in midweek trade but data detailing the activities of traders suggests that its recent buoyancy at least partly reflects sp…
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A cocktail of worries in global markets and a lack of UK-specific drivers means the British Pound is struggling against the Euro, Dollar and others in early May, although the downside is likely to …
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UK house prices in an unexpected rise in April, underpins expectations for May 11 Bank of England hike.
Read more … →Pound Sterling outperformed many other major currencies in the opening months of the year and remained buoyant through much of this week but there are two reasons why Bank of England (BoE) interest…
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"GBP has been the 'king' of G10 FX so far this year, and may retain its crown beyond King Charles III’s coronation" - HSBC.
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