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.
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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 …
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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.
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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.…
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The British Pound is close to the previous week's highs against the Euro and Dollar with markets on Monday digesting perhaps the strongest hint yet that the Bank of England is intent on raising int…
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The British Pound failed to hold some key levels against the Euro and Dollar, signalling a turn lower might be imminent.
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The Pound advanced above 1.18 against the Euro and 1.37 against the Dollar amongst a palpable improvement in global investor sentiment and despite comments from one of the Bank of England's most 'd…
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