Bank of England impact on the Pound

Foreign exchange analysts have been reacting to the decline in the British Pound in the wake of the Bank of England's Thursday policy event with some saying any weakness in the currency could be seen as a chance to buy.

May 13,2021

Bank of England reduces scale of asset purchases

The Bank of England has reduced the scale of its quantitative easing programme while issuing a sizeable upgrade to their 2021 economic growth forecasts, a decision that has prompted some volatility in the British Pound.

May 13,2021

Bank of England

The British Pound will today take direction from the Bank of England who will announce - or delay - a decision on whether to boost or reduce quantitative easing.

May 13,2021

Sturgeon impact on the British Pound

The British Pound faces a double-header of risk events over coming days with the Bank of England's Thursday policy meeting potentially setting the tone for how May plays out.

May 5,2021

Vaccines and the UK economic rebound

The UK's vaccine rollout will speed up in May according to reports, easing what might have been a contributing factor to the Pound's lacklustre April performance.

May 4,2021

Polling station UK election

Research from Crédit Agricole shows that the British Pound could be vulnerable to political risks over coming days, and they have advocated a 'sell' on the currency as a result.

May 13,2021

The British Pound has more or less flatlined against the Euro will continuing to churn familiar territory against the U.S. Dollar, but early May could bring with it a welcome dose of volatility.

May 13,2021

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