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The pound (GBP) remained on the back foot at the close of last week, after Bank of England (BoE) policymaker Alan Taylor struck a dovish tone. In an interview with the Financial Times, Taylor ...
The pound (GBP) traded without a clear direction yesterday amid an ongoing lack of UK economic data. This left Sterling exposed to wider market volatility, causing some erratic movement in the pound.
The pound (GBP) softened yesterday following mixed comments from Bank of England (BoE) Chief Economist Huw Pill. Although Pill – one of the dissenters who voted against a rate cut earlier this month – ...
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, ...
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 ...
The pound (GBP) was mixed on Wednesday, with Sterling dropping against its stronger peers following the UK’s PMIs. The surveys showed a shock contraction in British service sector activity this month, ...
After a sluggish start to the day yesterday, the pound (GBP) then managed to gain ground in the evening. The increasingly risk-sensitive currency was lifted by an improving market mood, while hopes ...
The release of the UK’s latest PMIs will be the primary focus for GBP investors this week. If April’s preliminary figures report growth in the vital services sector remains resilient, the pound (GBP) ...
The pound (GBP) trended higher against its weaker rivals on Thursday, with a slight improvement in the market mood helping to lift the increasingly risk-sensitive currency. However, a lack of UK ...
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 ...
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) enjoyed some success yesterday, with GBP primarily benefiting from depreciation in rival currencies. While increasingly hostile global trade policies are expected to hit the UK economy ...
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