The Bank of England's February policy decision forms the key risk for the British Pound on Thursday as foreign exchange markets eagerly await a verdict on whether an interest rate cut to 0% or below is likely either today, or at some point in coming weeks and months.
February 4,2021
The Pound was taking a breather from its 2021 rally on Wednesday having eked out gains over only its European counterparts ahead of a Bank of England (BoE) policy decision that will be instructive of the outlook for Sterling and, potentially even other currencies too in the months ahead.
February 3,2021
The Bank of England will cut its basic interest rate and raise its quantitative easing programme to support the lockdown-ravaged UK economy, according analysts at major pan-European lender and investment bank.
February 3,2021
Foreign exchange analysts at ING Bank N.V. have upgraded their forecasts for the British Pound, saying that the currency's "persistent undervaluation" should disappear now that a 'no deal' Brexit has been avoided.
February 3,2021
The British Pound is liable "to get a shock" this week if the Bank of England cuts interest rates says an analyst we follow, signalling one of the potential pitfalls to 2021's trend of appreciation for Sterling.
February 1,2021
The UK's vaccination programme received a boost on news of two new vaccines that have proven effective in trials against both the UK and South African variants of the disease.
February 18,2021
A decidedly negative day for Pound exchange rates ahead of the weekend might have something to do with this being the final day of the month.
January 29,2021
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