Pound Sterling Jumps against Euro, Dollar on Signs Inflation is Rising Again
20 November, 2024 |
Pound Sterling jumped after the UK reported a broad-based inflation rise in October.
Starmer's Gloom Hits the Economy, Pound Sterling Reteats
15 November, 2024 |
The British Pound has retreated on the day the UK reported a sharp slowdown in growth.
Pound Sterling Sees Divergent Fortunes Against Euro and Dollar as 'Trump Trade' Extends
14 November, 2024 |
The Pound plugged fresh multi-week lows against the Dollar on Thursday while it firmed against the key €1.20 level against the Euro.
Pound Extends Rebound After Bank of England Plays Down Odds of a December Rate Cut
07 November, 2024 |
Pound Sterling rose as an initial reaction to indications that the Bank of England will maintain a cautious approach to cutting interest rates.
How Pound Sterling Might React to the U.S. Vote Result
05 November, 2024 |
Pound Sterling edges lower against the Euro and Dollar amidst uncertainty surrounding the U.S. Presidential vote outcome.
Pound Can Still Rise against Euro and Franc into Year-end Says Bank of America
01 November, 2024 |
The jitters in Sterling bond and currency markets will likely fade, argue Bank of America.
Budget 2024 is Poor Value for Pound Sterling
31 October, 2024 |
The British Pound and bonds fell as markets gave the thumbs down to Chancellor Rachel Reeves' first budget.
Pound Falls After Budget 2024 Sets Out Borrowing Binge
30 October, 2024 |
The Pound fell after the government announced a significant upgrade to the amounts it would need to borrow.
Pound Sterling Shows Nerves Ahead of Budget
30 October, 2024 |
The British Pound is supported near key levels against the Euro and Dollar as traders choose to focus on the potential positive aspects of today's budget announcement.
Pound Sterling Should Welcome Reeves' Budget Boost
25 October, 2024 |
The budget won't be an outright negative for the UK economy and Pound, as any boost to spending should be welcomed in the longer term.
Consumers "Despondent" Ahead of Budget
25 October, 2024 |
Consumer confidence fell one point this month to -21, according to the country's leading barometer of sentiment.
Pound Benefitting from Spending Binge Talk
24 October, 2024 |
The British Pound looks to be benefiting from reports that Chancellor Rachel Reeves is going to change the fiscal rules to allow her to borrow more.
Pound Sterling Advances against Euro and Dollar Following Bailey Comments
The British Pound trades higher against the Euro and Dollar after the head of the Bank of England was hesitant to greenlight a faster pace of interest rate cuts.
Pound Sterling Could Benefit from Growth-boosting "Historic" Budget
The British Pound could benefit over the coming months from an expansionary budget.
Pound Drops After Core Inflation Sees Biggest Monthly Fall in 25 Years
UK inflation fell to 1.7% year-on-year in September, prompting a selloff in the British Pound.
Pound Sterling to Test Fresh Multi-week Lows vs. Euro and Dollar as Inflation is Set to Dip
The British Pound risks falling next week as inflation falls below the 2.0% target again.
Turnaround Tuesday for Pound Sterling
Falling stock markets and deepening pessimism ahead of the government's budget are weighing on the British Pound.
New Jobs Report to Keep Pound Sterling on Edge
A new report on the UK jobs market looks set to keep Pound Sterling under pressure.
Mr. Fixit: Huw Pill Helps Pound Sterling Stabilise
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.
Bailey Could be Responding to the Pound: Lloyds Bank
Why did Andrew Bailey decide now was the time to flip the Bank of England's message on interest rates? It could have to do with the value of the Pound.
Pound Sterling is Forecast to See Deeper Losses against the Euro and Dollar by Emboldened Bears
Pound Sterling's sharp drop against the Euro has emboldened the bears who see further losses ahead.
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