The British Pound moved higher against the Euro and Dollar after UK wage data came in stronger than expected, although signs of rising unemployment means the Bank of England might be able to pause its interest rate hike cycle in the final quarter of the year.
September 12,2023
The British Pound and Euro have reached the "end of the road" according to a new analysis from HSBC as analysts hail the return of the "king dollar".
September 8,2023
A tough day for the British Pound was made tougher by the Bank of England Governor Andrew Bailey who was keen to stress the end of the interest rate hiking cycle was now close at hand.
September 7,2023
Barclays says in a new forecast revision it turns "less hopeful" on the British Pound's prospects, particularly against the Euro, Dollar and Swiss Franc.
September 5,2023
The Bank of England will keep interest rates at elevated levels for a protracted period according to Chief Economist Huw Pill, in what amounts to fresh confirmation a return to lower interest rates in 2024 is unlikely.
August 31,2023
The Pound was trading back beneath an important level of technical support against the Dollar and struggling to remain afloat relative to the Euro on Friday after risk appetite faltered amid a government bond yield previously while furthering earlier losses in Sterling.
August 25,2023
The Pound was steadier on its feet near earlier lows against the Dollar and Euro in the penultimate session of the week as financial markets contemplated what central bankers could say at an imminent Federal Reserve (Fed) conference but the economic outlook could also be limiting enthusiasm for Sterling.
August 24,2023
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