The pound (GBP) faced notable selling pressure on Wednesday, initially falling after weaker-than-expected inflation data reinforced expectations for a Bank of England (BoE) rate cut in May. Sterling ...

The increasingly risk-sensitive pound (GBP) was mixed during yesterday’s session, as the cheery market mood saw it firm against safer peers while struggling against riskier rivals. Meanwhile, a larger ...

Chancellor Rachel Reeves will unveil her Spring Statement on Wednesday, with expected spending cuts and downgraded growth forecasts potentially weighing on the pound (GBP). At the time of writing, GBP ...

The pound (GBP) struggled for support at the end of last week after UK public sector borrowing came in higher than expected for February. Economists warn that the latest increase could push Chancellor ...

There are several UK economic releases of note this week, including last month’s inflation figures. However, this might be overshadowed by the unveiling of UK Chancellor Rachel Reeves’s Spring ...

The pound (GBP) climbed higher yesterday as investors reacted positively to the UK’s latest PMI reports. Markets were particularly encouraged by a surprise jump in the services PMI, with activity in ...

The pound (GBP) was mixed yesterday as investors digested the Bank of England’s (BoE) interest rate decision. Although the bank struck a slightly more hawkish tone than expected, huge uncertainty over ...

Both the Federal Reserve and the Bank of England (BoE) meet to set monetary policy this week, with the central banks’ forward guidance potentially infusing volatility into currency markets. At the ...

The pound (GBP) weakened on Monday after the Organisation for Economic Co-operation and Development (OECD) slashed its 2025 UK growth forecast. This reignited concerns over the UK’s economic ...

The pound (GBP) closed last week on the back foot following underwhelming UK growth data. The UK’s latest GDP report raised fresh concerns about the country’s economic outlook, as it unexpectedly ...

The pound (GBP) moved without a clear trajectory yesterday amid a lack of UK economic data. While GBP rose against its weaker rivals, the increasingly risk-sensitive currency faced pressure elsewhere ...

The pound (GBP) lacked clear direction on Wednesday, as investors remained cautious ahead of the Bank of England’s (BoE) latest interest rate decision. With the BoE widely expected to hold interest ...