The British Pound was under pressure into the Bank of England's February update but recovered after policymakers let it be known it was no closer to cutting interest rates.
February 2,2024
It is too early for the Bank of England to pivot its policy in an aggressive manner, according to a new analysis from Bank of America.
February 1,2024
The British Pound retreated from recent highs against the Euro, Dollar and other G10 currencies as investors took money off the table ahead of Thursday's Bank of England decision.
January 31,2024
The British Pound could weaken if the Bank of England 'pivots' its policy stance and hints the time to cut interest rates is coming; however, declines are tipped to be shallow according to Goldman Sachs and Barclays.
January 30,2024
News that UK public borrowing in December massively undershot expectations is good news for Chancellor Jeremy Hunt, and the Pound, according to foreign exchange analysts.
January 24,2024
Pound Sterling has rallied to one-week highs against the Dollar and is testing the top of a key range against the Euro, aided by positive investor sentiment.
January 23,2024
The British Pound fell against the Euro, Dollar and other currencies after UK retail sales for December disappointed.
January 19,2024
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