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…
The British pound initially tried to rally during the session, but we had a Bank of England meeting during the early hours and as predicted,…
BoE cuts rates to 4.25% with a divided vote; two members supported no change, seen as a hawkish signal. Trump and Starmer announce US-UK trade…
Ahead of the Bank of England’s announcement today, Thursday, the GBP/USD currency pair is attempting to maintain its upward rebound gains, which reached the 1.3400…
Today’s Bank of England meeting should be a market mover, ING’s FX analyst Chris Turner notes. GBP/USD can get distorted by global risk sentiment today…
EUR/GBP struggles on hopes that the Trump administration may soon announce a trade agreement with the United Kingdom. The BoE is widely expected to deliver…
The Pound Sterling is expected to face volatility against its peers as the BoE is set to announce the monetary policy at around 11:00 GMT.…
Here is what you need to know on Thursday, May 8: The US Dollar (USD) gathers strength against its rivals early Thursday as investors digest…