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The pound (GBP) weakened on Wednesday after UK inflation data fell short of expectations. The latest consumer price index showed inflation easing from 2.8% to 2.6% in March, marking a three-month low ...
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 was capped by cooler-than-forecast wage growth ...
Daily updates on how key currencies are performing in the currency markets.
The British consumer price index for March is due out on Wednesday morning, with the pound (GBP) poised to fall if cooling UK inflation boosts bets on a May interest rate cut from the Bank of England ...
The pound (GBP) edged higher yesterday as the uplift in global risk appetite helped buoy the currency. Adding to Sterling’s gains was renewed speculation that the UK may be nearing a breakthrough in ...
The pound (GBP) closed on a positive note last week following the release of encouraging UK GDP data, which showed the economy expanded by 0.5% in February. Despite the headline growth, analysts ...
GBP investors will be kept on their toes this week with the publication of the UK’s latest inflation and employment figures. The pound (GBP) may drop if these reinforce expectations for a Bank of ...
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 weaker peers while sliding against stronger ...
The pound (GBP) stumbled on Wednesday, pressured by growing unease surrounding the UK’s debt markets. Yields on 30-year gilts surged to levels not seen since 1998, surpassing those reached during ...
The pound (GBP) lacked a clear direction yesterday amid an absence of UK economic data. While the increasingly risk-sensitive currency rose against its safer peers, it struggled elsewhere. Dashed ...
The pound (GBP) opened this week on the defensive amid fresh concerns that a UK-US trade deal may be slipping further out of reach. While the UK continues to push for tariff exemptions, speculation is ...
The US will publish its latest consumer price index on Thursday, with the release potentially injecting further volatility into currency markets after a chaotic week. At the time of writing, the US ...