ABN AMRO has upgraded its forecast for the British Pound against the Euro and Dollar expecting the Bank of England to be less "dovish" over the coming months than the ECB and Fed.
May 18,2023
The British Pound returned recent gains against the Euro and Dollar following the release of UK wage and employment figures.
May 24,2023
It was a 'hawkish' Bank of England update delivered on Thursday, one that would be expected to yield further gains in the British Pound, however, the currency ultimately retreated against the majority of its major peers.
May 12,2023
The British Pound rose in the wake of the Bank of England's May interest rate hike and guidance but soon retreated as investors booked profit on the rally and turned cautious amidst a notable selloff in global stock markets.
May 15,2023
The British Pound rose sharply in an initial reaction to news the Bank of England has raised interest rates by a further 25 basis points and upgraded its GDP growth forecasts.
May 11,2023
The Pound's run higher is due to pause according to strategists at one of the world's largest primary brokers of foreign exchange.
May 11,2023
70% chance the Bank of England hikes and keeps guidance unchanged, 20% chance a halt to the cycle is signalled = 90% chance the Pound falls today.
May 15,2023
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