The British Pound was treading water against the Euro, Dollar and other major currencies ahead of the weekend as investors called a pause to the currency's strong 2021 run, but should global stock markets rally then further advances will be possible.
February 18,2021
The Pound remained the outperformer for 2021 Thursday, after being aided by the People's Bank of China (PBoC), which may need to lift GBP/USD to 1.43 and GBP/EUR to 1.17 in February or just after if it's activities are to be conducive to the win-win cooperation Chinese diplomats are renowned for.
February 12,2021
A dip in financial markets over the course of the past 24 hours has blunted the British Pound's advance against the Euro, Dollar, Yen and Franc.
February 18,2021
"GBP upside risks are clear," says Derek Halpenny, Head of Research of at MUFG.
February 18,2021
The British Pound is predicted to maintain positive momentum against the Euro and Dollar over the coming five days, with analysts saying the country's vaccination rollout and the nixing of negative interest rate at the Bank of England likely to prove supportive.
February 7,2021
The British Pound retained its position as an outperformer on global currency markets ahead of the weekend, with gains over the past 24 hours stoked by fading expectations for an interest rate cut at the Bank of England in coming months.
February 5,2021
The decision is on balance a positive outcome for the British Pound which rallied against the Euro, Dollar and other major currencies following the outcome.
February 18,2021
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