Recent weakness in the British Pound has raised questions about whether it was a result of position wash-out linked to month-end rebalancing in currency markets.
June 30,2023
Commerzbank, a leading financial institution, has warned that Pound Sterling is poised for a prolonged and significant decline against both the Euro and the Dollar.
June 29,2023
Speculative traders have significantly increased their bets for Pound Sterling to strengthen amidst a notable shift in sentiment for the better in the UK currency.
June 27,2023
The British Pound should remain supported says Goldman Sachs in an analysis of the currency's outlook that follows last week's Bank of England's decision to raise interest rates by 50 basis points.
June 26,2023
The Bank of England grasped the seriousness of the UK's inflationary pressures by opting to raise interest rates by 50 basis points, a move that Pound Sterling Live reported was a bare minimum if the Pound's recent gains were to be defended.
June 23,2023
The Bank of England would need to raise Bank Rate by 50 basis points today if Pound Sterling is to gather support, according to analysts.
June 22,2023
The Bank of England will raise interest rates by 50 basis points as it races to put a lid on UK inflation expectations following fresh data confirming price rises are becoming increasingly embedded in the UK.
June 21,2023
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