The Governor of the Bank of England has all but confirmed interest rates won't rise in November in comments that can add further pressure on the Pound.
October 20,2023
The British Pound outlook is constructive as analysts say UK inflation data raise the possibility of another interest rate hike at the Bank of England by early 2024.
October 19,2023
A leading currency strategist says that risk/reward favours being short the British Pound into tomorrow's CPI inflation data release.
October 17,2023
GBPEUR chart reveals pressures building, retest of 1.15 now back on cards.
October 16,2023
GBPEUR looks intent on rising towards the top of its summer range near 1.17 based on recent market developments that include fresh signs the European Central Bank (ECB) has completed its interest rate hiking cycle.
October 13,2023
Strategists at Westpac look for the Euro to fall further against the British Pound.
October 11,2023
The impact of higher mortgage rates and an incoming series of Bank of England interest rate cuts leaves analysts at ING Bank predicting a gradual slide is on the card for the Pound against the Euro.
October 11,2023
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