Tag: Sterling

Can The Pound Sterling Recover?

The Bank of England (BoE) has defied market expectations by interest rates by 50bps at its September meeting. Implied pricing showed that market participants were skewed towards a bigger 75bps hike, especially...

September 23, 2022

Sterling Rally Provides Short Term Relief, Bigger Picture Remains Grim

GBP Key Points:Outlook: NeutralUK Energy Aid Will Cost The Treasury Billions and Cut Inflation.Bank of England MPC Meeting Moved to 22 September. Foundational Trading Knowledge Forex Fundamental Analysis Recommended by Zain Vawda GBP Week in ReviewThe...

September 9, 2022

The pound sterling was given wings. Forecast as of 28.07.2022

2022-07-28 ...

July 28, 2022

Euro, sterling knocked by growth worries and UK inflation at new 40-year high By Reuters

2/2 © Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration 2/2 By Joice Alves and Alun John LONDON (Reuters) - The euro and...

June 22, 2022

Dollar Edges Higher After Fed; Sterling Weakens Ahead of BoE Meeting By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Thursday, maintaining a positive tone as traders digested the Federal Reserve’s policy decisions. At 3 AM ET (0700 GMT),...

June 16, 2022

Positive Employment Data Nourishes Sterling Recovery

GBP/USD ANALYSISEmployment change (FEB) – ACT: 83K, EST: 5KUnemployment rate (MAR) – ACT: 3.7%, EST: 3.8%CABLE ON THE UP!Cable gained further traction after the employment change and unemployment releases beat estimates (see economic...

May 17, 2022

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