Bank of England
FX News GBP/USD Slips as Stronger Dollar and UK Inflation Lift Rate Risks
GBP/USD declines as the US Dollar strengthens due to increasing US Treasury yields and soaring oil prices. In July, US JOLTS job openings did not meet expectations, whereas…
FX News GBP/USD Slips as Middle East Tensions Lift Dollar
GBP/USD has weakened to approximately 1.3550 during the early Asian session on Tuesday. Trump indicated that Washington would take action in response to Iranian attacks on US forces.…
FX News GBP/USD Holds Near 1.3600 as BoE Rate Hike Bets Shift to 2027
Decreasing Brent crude prices have alleviated inflation concerns in the UK, leading to a shift in expectations regarding Bank of England rate hikes, now anticipated for 2027. Markets…
FX News GBP/USD Slips as Strong U.S. Inflation Supports Dollar
GBP/USD has seen a decline as the US Dollar maintains its strength, following July’s PCE inflation rate, which accelerated to 0.2%, surpassing market expectations. Oil prices declined following…
FX News GBP/USD Slips Ahead of U.S. PCE Data
GBP/USD drifts lower to around 1.3625 in Wednesday’s early European session. Traders brace for the release of US PCE data for July later on Wednesday. Expectations of a…
FX News Sterling Holds Near Multi-Month Highs as Dollar Weakness Supports
GBP/USD is currently positioned at 1.3627 on Tuesday. In the concluding complete week of August, the pair persists close to its peak level since the middle of February.…
FX News GBP/USD Rises as Fed Rate Hike Bets Fade
GBP/USD strengthens to approximately 1.3645 in the early Asian session on Friday. A disappointing US jobs report and softer inflation data have tempered expectations for a more stringent…
FX News Pound Gains as Markets Cut Fed Rate Hike Bets
GBP/USD drifts higher to near 1.3550 in Tuesday’s early Asian session. Traders anticipate a mere 35% probability of a rate increase during the Federal Reserve’s September meeting. The…
FX News GBP/USD Slips as Dollar Strengthens Ahead of Key US Inflation Data
Markets exhibit a divergence of opinions regarding a potential Fed rate hike in September, particularly in anticipation of significant inflation data releases. Rising oil prices and shifting diplomatic…
FX News GBP/USD Eyes 1.3535 as Dollar Weakness Supports Sterling
GBP/USD begins the week of 10–14 August positioned around 1.3500, marking its peak since 15 July. Sterling is capitalising on the momentum generated by a significant drop in…
FX News GBP/USD Slides on Safe-Haven Dollar Demand
Scotiabank analysts caution that the diminishing yield spreads between the UK and US are undermining the fundamental support for the British pound. Rising oil prices have rekindled concerns…
FX News GBP/USD Falls as US-Iran Uncertainty Boosts Safe-Haven Dollar
GBP/USD softens to approximately 1.3425 in the early Asian session on Tuesday. Trump asserts that discussions with Iran are in progress; however, Iran refutes any claims of negotiations…
