Why did Andrew Bailey decide now was the time to flip the Bank of England's message on interest rates? It could have to do with the value of the Pound.

October 4,2024

Pound Sterling's sharp drop against the Euro has emboldened the bears who see further losses ahead.

October 4,2024

Pound Sterling's big reaction to an apparent switch in thinking at the Bank of England might be overdone.

October 3,2024

Keir Starmer's 'shower of gloom' is being felt: the CBI and IoD report a slowing economy amidst deteriorating business confidence, which will pose risks to Pound Sterling's 2024 outperformance.

October 1,2024

The pound is on track for its third weekly rise on the trot against both the USD and EUR and has recorded over 2-year highs against both peers this week.

September 27,2024

Foreign exchange analysts at Goldman Sachs have raised their forecasts for Pound Sterling on account of ongoing economic resilience and a reasessment of the Dollar's outlook.

September 26,2024

The British Pound is handing back recent gains against the Euro and Dollar and we suspect technical considerations, softer equity markets and quarter-end flows are all playing a role.

September 25,2024

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