The British Pound has fallen as the market scales back its expectations for another Bank of England interest rate hike tomorrow, but given the scale of recent declines, the odds of a rebound are growing.
September 20,2023
GBPEUR continues to respect a well-understood range, but the downside boundary is coming back into focus.
September 18,2023
Pound Sterling recovered earlier losses against the Euro after market participants sniffed a European Central Bank interest rate cut on the horizon.
September 15,2023
The Euro fell against the British Pound, U.S. Dollar and the majority of major currencies after the European Central Bank (ECB) raised interest rates but signalled it had reached the end of the hiking cycle.
September 21,2023
Pound Sterling is struggling to stay above a key technical level against the Euro and risks slipping into a downtrend just as a key European Central Bank interest rate decision comes into view.
September 14,2023
The Euro recovered ground and ended the day higher against both the Dollar and British Pound following a report that suggested the European Central Bank (ECB) would release a higher-than-expected inflation report on Thursday.
September 13,2023
GBPEUR risks slipping towards the bottom of its recent range over the coming days if UK wage data comes in below expectations and the European Central Bank (ECB) hits the right notes on Thursday.
September 11,2023
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