Effective Exchange Rate History:
Trade-weighted value of a currency against main trading partners
Spot Exchange Rate History:
Effective Exchange Rate History:
Trade-weighted value of a currency against main trading partners
Spot Exchange Rate History:
The underlying messaging is clear: the market is underestimating how many cuts the Bank of England will deliver next year.
December 19,2024
The British Pound dipped after three members of the Monetary Policy Committee (MPC) voted to cut interest rates.
December 19,2024
Although the Bank of England would like to fight a slowing economy by lowering interest rates, rising inflation will keep it from doing so.
December 13,2024
Pound Sterling will be supported by the gradualist approach to cutting interest rates at the Bank of England.
December 5,2024
The Bank of England could already have reached the halfway point of its interest rate cutting cycle.
November 8,2024
Pound Sterling rose as an initial reaction to indications that the Bank of England will maintain a cautious approach to cutting interest rates.
November 8,2024
October 31,2024
The Bank of England could cut interest rates by 50 basis points in November after UK inflation plummeted in September says an analyst we follow, but not all agree.
October 16,2024
The Bank of England will have to continue raising interest rates quarterly, even if its Governor wants to speed up the process.
October 4,2024
It's not quite comeback Friday for the British Pound, but it has stabilised following its sharp fall on Thursday, helped by Bank of England Chief Economist Huw Pill.
October 4,2024
Pound Sterling is under widespread selling pressure on Thursday and is registering a half-per cent fall against the Euro.
October 3,2024
The Bank of England's Megan Greene says the interest rate policy was not as restrictive as she and her colleagues had assumed.
September 25,2024
Pound Sterling held multi-month highs against the Euro and Dollar on Tuesday, helped in part by fresh comments from the Bank of England's Governor, Andrew Bailey.
September 24,2024
The British Pound spiked after the Bank of England kept interest rates unchanged and said there was no rush to cut again.
September 19,2024
The Bank of England's cautious approach to cutting interest rates will give way to a rapid run of interest rate cuts starting in November.
September 12,2024
The Bank of England could opt to cut in smaller increments than 25 basis points, according to a new economic analysis.
September 5,2024
A former member of the Bank of England's Monetary Policy Committee has said interest rate cuts will come faster than markets are currently expecting.
September 4,2024
The British Pound is higher against the Euro and Dollar ahead of the weekend, aided in part by the Governor of the Bank of England.
August 23,2024
Economists weigh in with their predictions for the next Bank of England interest rate cut following the August 01 decision to lower Bank Rate 25 basis points.
August 1,2024
The British Pound is under pressure after the Bank of England Monetary Policy Committee (MPC) voted by a narrow margin to reduce Bank Rate to 5.0% from 5.25%.
August 1,2024
Page 1 of 21