GBP traditionally falls in wake of BoE decisions, why should today be any different?
Read more … →The British Pound was higher in the wake of UK CPI inflation that beat expectations in February and raised the prospects of further Bank of England interest rate rises.
Read more … →The British Pound is 2023's best-performing developed market currency and further gains are likely say analysts at a major investment bank, despite global banking sector stress.
Read more … →Pound Sterling rose widely in the final session of the week despite evident risk aversion among investors who shunned sinking stocks and commodities in favour of government bonds while also giving โฆ
Read more … →The Pound, Euro and other currencies had almost fully reversed their earlier losses against the Dollar by the final session of the week as market concerns about the stability of banking sectorโฆ
Read more … →Foreign exchange dealers at Heathrow Airport are offering euros and dollars at below parity, despite the spot level in both exchange rates being significantly higher.
Read more … →There will be some giveaways in Budget 2023, but "no helping hand for Sterling" says strategists at Barclays.
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