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.
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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.
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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.
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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 Re…
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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 …
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GBP/EUR finding support amidst EUR/USD selloff, GBP/USD under pressure amidst USD comeback, NIESR forecasts show UK to avoid meaningful recession.
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GBP came under significant pressure against the EUR and USD ahead of the weekend following the release of surprisingly strong U.S. Data.
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