According to a new analysis, the British Pound could rise to its highest level against the Euro since 2016, but one major investment bank disagrees.
June 25,2024
The British Pound will head into the weekend with some wind in its sails thanks to an above-consensus retail sales print from the ONS.
June 21,2024
Pound Sterling fell after the Bank of England kept interest rates unchanged at 5.25% but issued guidance that suggested it was close to a 25 basis point rate cut.
June 20,2024
The British Pound was boosted by a stronger-than-expected UK inflation print on Wednesday, but the gains faded as investors turned their attention to Thursday's Bank of England interest rate decision.
June 20,2024
The British Pound rose after the UK reported another strong services inflation print, although the headline CPI inflation rate hit the Bank of England's 2.0% target.
June 20,2024
The British Pound would rise if Dave Ramsden dropped his vote for an interest rate cut on Thursday, as this would materially lower the odds of an August interest rate cut.
June 18,2024
The British Pound is under pressure amidst deteriorating investor sentiment towards Europe and caution ahead of next week's inflation data release and Bank of England decision.
June 14,2024
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