The British Pound maintains its status as one of the top performing major currencies of 2021, aided recently by a Bank of England willing to explore fresh policy paths and a foreign exchange market that prefers both dollars and pounds to euros.
August 9,2021
The Bank of England is set to raise interest rates in the second or third quarters, according to the reaction of interest rate and foreign exchange markets to the August policy update.
August 18,2021
"We see moderate upside risks to GBP if our base case is confirmed as the BoE slowly moves toward the exit" - James Rossiter at TD Securities.
August 5,2021
The British Pound stuttered into August and went lower against the Euro, Dollar and a host of other currencies, with investors taking money off the table ahead of Thursday's Bank of England policy meeting.
August 18,2021
The Pound-to-Euro exchange rate has made an enthusiastic bid for the ground above 1.1730, a level which it could get the better of again this week if Sterling continues catching the eye of institutional punters, though sustainability of the move would depend on the outcome of Thursday’s Bank of England (BoE) policy decision.
August 2,2021
For the British Pound the main event of the week ahead will be the Bank of England's August policy report which falls on Thursday, but analysts say to keep a watch of both domestic and global Covid trends as they will also determine direction in the UK currency.
August 18,2021
The British Pound has rebounded against most major currencies as July comes to a close, but next week's pivotal Bank of England policy update could invoke some caution amongst investors.
July 30,2021
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