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The pound (GBP) traded without a clear direction yesterday amid an ongoing lack of UK economic data. This left Sterling exposed to wider market volatility, causing some erratic movement in the pound.
Pound (GBP) stumbles amid BoE commentary. The pound (GBP) softened yesterday following mixed comments from Bank of England (BoE) Chief Economist Huw Pill.. Although Pill – one of the dissenters who ...
Pound (GBP) weakens despite BoE’s hawkish tone. The pound (GBP) softened on Monday, with Sterling being pressured by a strengthening of most of its major peers.. This was despite remarks from Bank of ...
Pound (GBP) dented by downbeat PMIs. The pound (GBP) was mixed on Wednesday, with Sterling dropping against its stronger peers following the UK’s PMIs.. The surveys showed a shock contraction in ...
Pound (GBP) finds feet amid trade hopes. After a sluggish start to the day yesterday, the pound (GBP) then managed to gain ground in the evening.. The increasingly risk-sensitive currency was lifted ...
The release of the UK’s latest PMIs will be the primary focus for GBP investors this week. If April’s preliminary figures report growth in the vital services sector remains resilient, the pound (GBP) ...
Pound (GBP) firms on UK-US trade deal hopes. The pound (GBP) rose against its safer rivals yesterday thanks to a risk-on mood and optimism around a UK-US trade deal.. However, GBP’s upside potential ...
The British consumer price index for March is due out on Wednesday morning, with the pound poised to fall if cooling UK inflation boosts bets on a May interest rate cut from the Bank of England ...
Pound (GBP) mixed amid lack of data. The pound (GBP) faced uncertain trade on Thursday as a lack of UK data left the currency exposed to wider market trends.. This saw Sterling rally against its ...
Pound (GBP) capitalises on rivals’ weakness. The pound (GBP) enjoyed some success yesterday, with GBP primarily benefiting from depreciation in rival currencies.. While increasingly hostile global ...
Pound (GBP) slumps as UK inflation cools and growth forecast cut. The pound (GBP) faced notable selling pressure on Wednesday, initially falling after weaker-than-expected inflation data reinforced ...