Pound Sterling outperformed many other major currencies in the opening months of the year and remained buoyant through much of this week but there are two reasons why Bank of England (BoE) interest rate policy might now be an asymmetric risk on the downside for the months ahead.
April 27,2023
"GBP has been the 'king' of G10 FX so far this year, and may retain its crown beyond King Charles III’s coronation" - HSBC.
April 27,2023
The British Pound can continue to outperform finds a new analysis from foreign exchange payment specialists Monex.
April 25,2023
Favourable April seasonality propels the Pound to its strongest valuation against a host of currencies since the start of the year, but momentum indicators look overbought and gains should fade says Bank of America.
April 20,2023
The British Pound jumped against the Euro, Dollar and the majority of its peer currencies after a flush of stronger-than-expected UK inflaton figures that seal another interest rate hike at the Bank of England in May.
April 25,2023
Searingly hot wage data will keep pressure on the Bank of England to raise interest rates further, which could in turn ensure the British Pound remains supported.
April 25,2023
The British Pound remains near the previous week's lows against a host of major currencies as investors limit exposure to the currency ahead of a number of key data releases.
April 17,2023
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