GBP hit by deteriorating global sentiment, markets fall as Biden's Build Back Better bill fails.

December 20,2021

"The market had largely priced out a hike. This a surprise" - Mizuho.

December 17,2021

The Pound could end the week higher if the Bank of England avoids a rate hike but warns it will act with haste once the Omicron wave has passed.

December 15,2021

UK labour market statistics for the October-November period showed a stronger than expected rise in UK wages, suggesting inflationary pressures in the UK could remain elevated for longer than the Bank of England had anticipated.

December 14,2021

The Bank of England would deliver a market moving-surprise if it goes ahead and opts for a 15 basis point hike on Thursday, given market expectations for such a move have slipped significantly over the past two weeks.

December 15,2021

The British Pound has lost value against most peers having been hit by the sudden introduction of new Covid-19 measures which threatens to slow the UK's economic recovery, however losses could soon give way to consolidation.

December 15,2021