Saunders

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

Employment data key item for the Pound today

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

British Pound latest news

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

British Pound benefits from unlocking announcement

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

HSBC forecast for the Pound

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

Foreign exchange markets react to sell off

A global stock market sell-off hints at a deterioration in investor sentiment, the effect of which is being reflected on foreign exchange markets where the British Pound is losing value against some of its major peers.

July 8,2021

Johnson freedom day announcement

The British Pound was tipped to remain supported amidst expectations for a continued recovery of the UK economy, underpinned by the removal of all Covid-related restrictions by July 19.

July 7,2021

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