Further rate hikes to come from the BoE
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The pound has continued to move higher against the other major currencies this morning after yesterday’s gains as the BoEs chief economist Huw ... Read More >
CPI data
Rate hike looking increasingly likely
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GBP-EUR hit a two-year high yesterday reaching 1.2028. The UK reached a 30-year inflation high yesterday with CPI inflation reading 5.4% year-o... Read More >
German election and risk sentiment pressure the EUR
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Yesterday saw the release of US import price data at 13:30, showing that import prices had dropped by 0.3% last month. This coupled with the sl... Read More >
GBP finds its legs
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The British pound has started this week with a renewed demand, pushing up to multiple daily and weekly highs against EUR, which some market a... Read More >
A busy week on the calendar
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The GBP markets have opened relatively unchanged since Friday's closed. At the time of writing, GBP is trading at 1.3845 against USD and 1.16... Read More >
What goes up must come down
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Finishing through the tail end of last week, the pound struggled to build on the bullish run through the previous two weeks against the euro. F... Read More >
Mixed UK data
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Yesterday, GBPUSD saw some good two-way price movement, swaying between 1.3800 and 1.3900, though settled back in closer to 1.3850 to finish th... Read More >
GBP/EUR breaks 100 day high
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GBP made strong gains yesterday against the EUR, pushing above 1.1750 for the first time since 5th April 2020. Above expected inflation data ... Read More >
The final push for sterling
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Yesterday saw some wobbles for cable following on from some promising US data, with the US Consumer Price Index coming in at 5.4%, beating esti... Read More >
NI border back causing frictions
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Yesterday, the UK and EU negotiators were back together to discuss the Northern Irish border. The pound fell off throughout the day as the EU w... Read More >