Sterling Could Fall if Strong Majority of BOE Officials Back Rate Cut
Sterling weakened against the dollar and could fall further if the BOE votes 8-1 to cut interest rates and downgrades its economic growth forecasts, ING said.
Pound Sterling slumps against USD as US NFP looms large
The Pound Sterling stabilizes against its major peers, except safe-haven assets, ahead of the BoE’s monetary policy on ...
Pound sliding ahead of Bank of England decision
The British pound was seeing notable pressure Thursday ahead of a Bank of England decision where expectations are for a quarter-point rate cut. Vanguard senior economist Shaan Raithatha said his firm ...
Pound, gold and oil prices in focus: commodity and currency check, 6 February
The spot price of gold rose by 0.1% to $2,855.82 per ounce, while gold futures dipped 0.6% to $2,876.10. The continued ...
GBP/USD Forecast: Pound Sterling could extend uptrend on hawkish BoE
On Wednesday, the disappointing ISM Services PMI data made it difficult for the US Dollar (USD) to find demand. Additionally, ...
Exchange Rates3h
Stagflation Fears Hurt The Pound Ahead Of Expected BoE Rate Cut
An increase in stagflation fears would tend to undermine the Pound over the medium term. On an immediate view, any votes for ...
Buy3h
LONDON MARKET OPEN: Risk appetite returns ahead of BoE decision
(Alliance News) - Stock prices in London opened higher on Thursday, with the absence of new tariff salvos boosting risk appetite, while the pound faded from the USD1.25 mark before a Bank of England ...
Exchange Rates4h
Pound Sterling Support Against Euro, Dollar Curbed On Bank Of England Rate-Cut Expectations
The Pound Sterling secured net gains against the Euro and Dollar early on Wednesday, but gradually lost support with a ...
Investing4h
Pound Sterling Recovery Risks Bank of England Penalty
This would dent a short-term recovery in some key Sterling exchange rates: the Pound to Euro exchange rate is quoted at ...