The British Pound was softer against the Euro and Dollar after the release of UK wage data that hints the labour market continues to cool and will help bring down inflation over the coming months, in line with the thinking at the Bank of England.

October 17,2023

A surge in natural gas prices and an uptick in U.S. core inflation are two signals that could prompt the Bank of England into another rate hike before year-end.

October 13,2023

The British Pound looks to defend a run of small daily gains against the Euro and a more pronounced short-term rebound against the Dollar but will find little assistance from uninspiring GDP data.

October 12,2023

The British Pound looks set to reboot its rally against the Euro and Dollar over the coming months according to analysis from Bank of America Merrill Lynch.

October 10,2023

The market is neutrally positioned on the Pound following weeks of selling pressure, meaning the risk of a further sizeable decline driven by repositioning is greatly reduced.

October 6,2023

Financial services firm Ebury expects the Bank of England to raise interest rates again before year-end and expects the move to improve the British Pound's prospects against the Euro and Dollar.

October 5,2023

There was a small, albeit clear, rise in the value of the Pound against the Euro and Dollar following the announcement of a sizeable upgrade to the UK's PMIs for September, which suggests the economy did not fare as poorly as previously thought.

October 4,2023

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