British Pound trades flat amid BoE caution, US Dollar recovers modestly The British Pound (GBP) is trading flat against the US Dollar (USD) on Tuesday,…
GBP/USD trades flat on Tuesday, holding within Monday’s range near 1.3520. BoE Governor Bailey sees rates moving lower but warns of increased uncertainty. A split…
GBP/USD Forecast: Pound Sterling loses traction on mixed BoE commentary Following Monday’s rally, GBP/USD loses traction and declines toward 1.3500 in the European session on…
Bank of England’s MPC (hawk) member Catherine Mann said that the bank should closely monitor the effects of its quantitative tightening (QT) programme on monetary…
Pound Sterling (GBP) is also entering Thursday’s NA session flat vs. the USD, trading in tandem with its G10 peers and responding headline risk related…
GBP/USD eases to 1.3560 after giving up early gains during the American session. Trading volumes remain thin due to UK and US market holidays. Focus…
EUR/GBP ended the day higher following UK inflation data for April surprising significantly to the topside, relative to both consensus and BoE estimate, Danske Bank’s…
UK CPI climbs to 3.6% YoY in April, well above BoE’s 2% inflation target. Core inflation accelerates to 3.8%, raising doubts over future rate cuts.…
GBP/JPY recovers from 192.00 as the Japanese Yen loses strength on potential US-Japan trade talks. Japan’s Akazawa is scheduled to visit Washington later this week.…
The Pound Sterling faces pressure against its peers due to new data showing the UK labor market is cooling. Soft UK labor market data paves…