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Pound (GBP) pressured by dovish BoE remarks The pound (GBP) tumbled through Wednesday’s session, after the Bank of England’s (BoE) Alan Taylor suggested the UK’s ‘deteriorating’ economic outlook ...
Movement in the pound (GBP) was uncertain yesterday as a lack of notable UK economic data left Sterling rudderless. The prospect of a rebellion among Labour MPs over proposed welfare cuts also seemed ...
Pound (GBP) struggles for direction after BoE comments The pound (GBP) traded without a clear direction on Thursday following mixed signals from Bank of England (BoE) Governor Andrew Bailey. Bailey ...
The pound (GBP) strengthened against its safer rivals yesterday thanks to Sterling’s increasingly risk-sensitive nature, with markets cheered by the Israel-Iran ceasefire agreement. GBP was also ...
The pound (GBP) advanced on Monday amid a broadly positive response to the UK’s new industrial strategy. Hopes that measures such as reduced energy costs and expanded training initiatives could boost ...
The pound (GBP) stumbled at the start of yesterday’s session after higher-than-forecast government borrowing raised fears of further tax hikes in the autumn. Sterling managed to recover as the day ...
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 ...
The pound (GBP) advanced against most major peers on Tuesday, buoyed by news of a fresh UK-EU agreement easing checks on food, livestock, and agricultural goods. The deal was welcomed by GBP investors ...
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 England (BoE) Deputy Governor Clare Lombardelli, ...
US dollar (USD) The positive progress in US-China trade talks over the weekend is likely to act as a key catalyst for movement for the US dollar (USD) this week. As will the latest US consumer price ...
The pound (GBP) lacked direction on Friday as markets reacted to early results from the UK’s local elections. Sterling sentiment was dampened by a weaker-than-anticipated showing for Labour, raising ...
The increasingly risk-sensitive pound (GBP) managed to rise against some of its weaker, safer peers yesterday as the market mood turned positive. However, a lack of fresh data and Wednesday’s gloomy ...