The Bank of England tends to respect the much larger Fed's monetary policy cycle, meaning expectations for up to four Fed rate hikes in 2022 - the first likely in March - will give the Bank additional confidence to raise its own base lending rate.
January 7,2022
Pound Sterling has approached a key milestone in its rally against the Euro at the start of the year amidst a backdrop of cheery investor sentiment and expectations no further Covid-19 restrictions will be put in place.
January 5,2022
The British Pound has reached a new two-year high against the Euro as traders returned to their desks in London and proved keen to catch up on a bullish start to 2022 for global investors.
January 4,2022
GBP/EUR back above 1.18 & could test 1.19, GBP/USD attempting recovery above 1.3400.
December 24,2021
GBP risks setback vs .EUR & USD in 2022 as BoE rate bets challenged by virus variant.
December 23,2021
GBP is amongst worst performers as another partial shutdown beckons for the UK.
December 21,2021
GBP hit by deteriorating global sentiment, markets fall as Biden's Build Back Better bill fails.
December 20,2021
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