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The British Pound will take cues from new spending and tax announcements issued by the UK Treasury at midday, with investors keen to establish if there will be a net boost to spending.
October 27,2021
The Pound to Euro exchange rate has reached a new 2021 high after it went to 1.1886 on October 26.
October 26,2021
The British Pound held recent gains following PMI data that pointed to a strengthening UK economy.
October 24,2021
A veteran foreign exchange trader has warned that a "turbo charged" sell off in the British Pound could follow a widely anticipate November interest rate rise at the Bank of England.
October 24,2021
UK inflation came in softer than expected on Wednesday, but with markets anticipating a surge in price rises over coming months the Bank of England remains set to raise interest rates and analysts say the British Pound should therefore remain supported.
October 24,2021
The British Pound pushed back towards its recent 20-month highs against the Euro and was at its highest level in a month against the Dollar on Tuesday.
October 24,2021
Some foreign exchange analysts are proving skeptical as to whether the British Pound's recent gains can extend on a sustained basis, warning that now could in fact be the time to sell the currency.
October 24,2021
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