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The British Pound has failed to record gains against the Euro and Dollar despite signs of a possible shift in direction at the Bank of England in response to rising inflation and building political opposition to quantitative easing.
July 26,2021
The British Pound is being tipped to remain supported over coming days and weeks amidst signals that the Bank of England is now preparing the market for an interest rate rise in the first half of 2022.
July 26,2021
The Bank of England could be in the process of signalling to markets that an interest rate rise is likely in coming months, with two members of the Monetary Policy Committee (MPC) now saying such a move is appropriate.
July 26,2021
The British Pound rose in response to inflation data in the mid-week session and those looking for better exchange rates to sell Sterling will turn to today's labour market statistics to provide further impetus.
July 15,2021
The British Pound looks set to retest three-month lows against the U.S. Dollar but looks better supported against the Euro, although two major investment banks we follow are expecting a more decisive decline in the Pound over coming weeks.
July 14,2021
The British Pound was underpinned by news at the start of the week the UK government would proceed with lifting the majority of the remaining Covid restrictions on July 19, however shaky market sentiment is said by analysts to be an emerging risk on the near-term horizon.
July 29,2021
UK high-street lender and international financial services giant HSBC say they expect the British Pound will fail to replicate the gains seen in the first quarter of 2021.
July 12,2021
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