GBP
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Pound Sterling slumps after poor UK Retail Sales, flash PMI data
The Pound Sterling faces selling pressure amid UK Retail Sales declining 1.1% and S&P Global PMI dropping sharply. Investors await…
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EUR/GBP softens below 0.8850 despite growing expectations of BoE rate cut
EUR/GBP edges lower to around 0.8820 in Thursday’s early European session. Analysts expect the Bank to cut rates in December,…
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GBP/JPY reaches fresh 16-month highs above 205.50
GBP/JPY hit a 16-month high of 205.52 as traders expect PM Takaichi to announce a stimulus package. Reuters poll suggests…
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EUR/GBP holds positive ground above 0.8800 after UK CPI data
EUR/GBP drifts higher to around 0.8815 in Wednesday’s early European session. UK CPI inflation eased to 3.6% YoY in October…
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GBP/USD Ticks Lower After Mixed U.K CPI Print
UK CPI (M/M) Oct: 0.4% (0.4%; prev 0.0%) – CPI (Y/Y): 3.6% (est 3.5%; prev 3.8%) – CPI Core (Y/Y):…
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GBP/USD loses ground below 1.3150 ahead of UK CPI data
GBP/USD depreciates ahead of key economic data from the United Kingdom. The US Dollar receives support from the diminishing likelihood…
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GBP/USD remains subdued around 1.3150 as UK Chancellor Reeves abandons tax rises
GBP/USD struggles after UK Chancellor Rachel Reeves scrapped planned income-tax rises. The British Pound remains under pressure as softer economic…
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EUR/GBP trades flat near 0.8800 amid BoE rate cut speculation
EUR/GBP holds steady around 0.8810 in Tuesday’s early European session. Subdued GDP growth and a gradually loosening labor market support…
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GBP/USD weakens to near 1.3150 as BoE rate cut expectations grow on weak UK data
GBP/USD softens to around 1.3155 in Monday’s early Asian session. Weaker UK economic data has prompted the BoE to deliver…
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UK tax U-turn triggers bond market turmoil
The UK Gilt market is under pressure this morning, and yields have surged at the open, after reports suggest that…
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