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Pound Sterling's recent fall has been deemed "excessive" by some analysts who look for a steady recovery over the near-term.
April 25,2024
Pound Sterling extended its recovery against the Euro, Dollar and other currencies after the Bank of England's Chief Economist made it quite clear the outlook for UK monetary policy had not changed significantly in the recent path.
April 23,2024
Pound Sterling Recovering Against Euro & Dollar As Inflationary Warnings Sounded by Strong PMI Print
The British Pound is recovering against the Euro and Dollar after data showed the economic rebound strengthened in April, as did inflationary pressures facing UK businesses.
April 23,2024
Pound Sterling has come under renewed selling pressure amidst increasing confidence the Bank of England will cut interest rates in June.
April 22,2024
GBP fell after the ONS announced UK retail sales showed no growth in March 2024 (0% month-on-month). Losses would have been greater were it not for a positive revision to 0.1% from 0% for February's release.
April 19,2024
Pound Sterling failed to capitalise on the above-consensus midweek inflation figures thanks to comments made by Bank of England Governor Andrew Bailey, who signalled he is intent on cutting interest rates soon.
April 18,2024
The British Pound has received a boost after the latest UK inflation print exceeded expectations.
April 18,2024
More Articles …
- Strong Wage Data Underpins the Pound
- Pound Sterling Extends Gains Against Euro on GDP Result, Still Under Pressure Against Dollar
- Pound Sterling in Risk-Off Play Against Euro and Dollar
- Pound Sterling's Soggy Start to a Bright Month
- Pound Sterling A Sell With BCA Research, "Big" Move Seen Coming
- April a "Sweetspot" for Pound Sterling, Potential For Recovery Against Euro and Dollar
- Pound Sterling On Softer Footing Against Euro & Dollar As June Rate Cut Odds Hit 80%
- Pound Sterling Under Pressure, Retail Sales Surprise Provide Scant Relief
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