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:
Bank of England Governor Andrew Bailey downplayed new wage data in an apparent attempt to keep alive expectations for another interest rate cut.
February 18,2025
The Bank of England will only get away with one more interest rate cut in 2025, warns an independent research organisation.
February 12,2025
Catherine Mann says she voted to cut Bank Rate by 50 basis points due to surprisingly weak economic activity.
February 11,2025
The Bank of England (BoE) has raised its inflation forecasts for the year ahead, warning that consumer prices will climb more sharply than previously expected due to rising global energy costs and regulated price increases.
February 6,2025
The British Pound fell against the Euro, Dollar and other currencies after the Bank of England cut interest rates and expressed concern about the UK's economic growth trajectory.
February 6,2025
The Bank of England could be forced into abandoning the interest rate cutting cycle as soon as the second half of 2025 as inflation risks grow.
February 4,2025
Goldman Sachs has forecasted that the Bank of England will accelerate its pace of interest rate cuts, citing mounting evidence of economic weakness and softening inflation pressures.
January 22,2025
The Bank of England will comfortably pass a 25 basis point cut next month and could get in a couple more before year-end.
January 15,2025
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
Page 1 of 22