Strong labour market data could offer the Bank of England confidence to raise interest rates again in February, maintaining a positive outlook for the British Pound.
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The British Pound was fast to appreciate in the first half of January in a move some analysts say is partly a result of a positioning adjustment on global markets, and one analyst says the move mig…
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Factors Behind the Pound's 2022 Rally against Euro & Dollar Can Last a While Longer.
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The British Pound is proving resilient in the face of rising odds the Prime Minister will be replaced.
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Researchers at Barclays describe the British Pound's recent performance as "resilient" as they anticipate the currency to continue outperforming key peers over coming weeks and months.
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The British Pound's near-term outlook remains constructive thanks to hopes UK Covid cases have peaked amidst an ongoing unwind of bets placed against the currency during the latter part of 2021.
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The Bank of England tends to respect the much larger Fed's monetary policy cycle, meaning expectations for up to four Fed rate hikes in 2022 - the first likely in March - will give the Bank additio…
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