The British Pound advanced against the Euro, Dollar and other major currencies mid-week following the release of hotter-than-expected UK inflation numbers, but the key focus for FX markets remains tonight's Federal Reserve event which could trigger more durable moves.

June 16,2021

The British Pound is tipped to remain supported by analysts who say the announced delay to ending all Covid-19 restrictions in the UK was well known ahead of the actual announcement.

June 21,2021

The focus for the British Pound in the coming week includes a Monday call by the UK government on whether or not to fully relax Covid restrictions on June 21 followed by a slew of economic data releases due on Tuesday, Wednesday and Friday.

June 14,2021

Increased UK-EU political tensions are said by a number of foreign exchange analysts to be weighing on the British Pound, but expect relief should any U.S.-lead diplomacy over the issue help bring about an ultimate compromise.

June 11,2021

The UK announced 7,540 new cases of Covid-19 on June 09, up on 4330 reported the previous Wednesday.

June 9,2021

A deterioration in relations between the EU and UK will form the focus over coming days amidst whispers of a potential trade war between the two sides breaking out over a failure to reach agreement on implementing the Northern Ireland protocol.

June 9,2021