Pound Sterling trades lower as BoE Bailey warns of trade war risk The Pound Sterling (GBP) drops against its peers, except North American currencies, on…
Prior to Easter, EUR/GBP rose on the soft inflation data for March only partly reversed since then on a dovish ECB, Danske Bank’s FX analysts…
Pound Sterling (GBP) is up 0.8% against the US Dollar (USD) and relative underperformer against its European currency peers CHF, EUR and SEK. GBP’s gains…
UK inflation drops to 2.6% YoY in March, missing BoE projections and reinforcing 86% odds of May rate cut. Strong US retail sales masked by…
The United Kingdom’s Office for National Statistics will publish the March CPI data on Wednesday. The annual UK headline inflation is set to cool in…
Pound Sterling (GBP) is up about 0.6% vs. the USD and a mid-performer among its G10 peers, climbing back into the 1.29-1.30 congestion range that…
The Financial Stability Board (FSB) announced on Monday that they nominated Bank of England Governor Andrew Bailey as the next chair of the organization. The…
The United Kingdom’s Office for National Statistics will release the February CPI data on Wednesday. The annual UK headline and core CPI inflation are set…
As expected, the Bank of England (BOE) decided to maintain its Bank Rate at 4.75% last Thu (20 Mar). However, in a deviation from expectations…
GBP/USD is down to a 5-day low, and 10-year gilts are underperforming. The UK fiscal backdrop is not pretty. Borrowing in the first eleven months…