[ad_1] Share: GBP/USD stays in green territory, though under pressure as sentiment shifts sour. The US Dollar Index erases earlier gains, cushioning the Pound Sterling advance. BoE’s Bailey: Inflation is down due to energy prices falling; monetary and fiscal policy would do the rest of the job. GBP/USD climbed above the 1.2600 figure
[ad_1] © Reuters. The exchange rate climbed to €1.1453 today, bolstered by hawkish comments from Bank of England (BoE) officials during a UK Treasury committee session. Governor Andrew Bailey and Deputy Governor Dave Ramsden discussed measures to combat persistent service inflation, targeting a strict 2% goal. The Pound’s strength was further supported by the UK’s
[ad_1] POUND STERLING ANALYSIS & TALKING POINTS BoE sentiments keep downward pressure on sterling. Fed officials will be the primary focal point for today’s US trading session. GBP/USD pullback may be short-lived. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into
[ad_1] BoE’s Pill Hold decision reflected view some restrain on economy needed to be maintained There is still a need to bear down on inflation Balance of economic drivers has switched to supply side We can be less sanguine about idea of slowing demand will lead to inflation returning to market We have not really
[ad_1] The exchange rate remained stable at €1.1502 on Thursday, as investors awaited the Bank of England’s (BoE) decision on interest rates amidst deteriorating economic conditions in the UK. This comes in the wake of October’s manufacturing PMI data, which showed a significant contraction in UK factory activity, fueling fears of a recession. S&P Global
[ad_1] © Reuters The British pound is showing resilience ahead of the Bank of England’s (BoE) Monetary Policy Committee (MPC) November interest rate decision, which is expected to maintain the 5.25% rate, a prediction backed by over 90% of money markets and a majority of surveyed analysts. The BoE’s anticipated “high-for-longer” policy might bolster the
[ad_1] Share: EUR/GBP bottomed at a low of around 0.8695 and then recovered toward 0.8715. The EUR traded firm on Friday after the ECB’s decision on Thursday to hold rates steady. Focus now shifts to next week’s BoE decision on Thursday, which is also expected to hold rates steady at 5.25%. At the
[ad_1] Share: EUR/GBP fades bounce off intraday low but remains defensive after reversing from two-week high the previous day. German Retail Sales for July prints downbeat figures, UK Car Production improves. BoE’s Pill, Eurozone HICP eyed for clear directions. EUR/GBP fades bounce off intraday low around 0.8580 as it justifies downbeat German Retail
[ad_1] Share: GBP/USD rises 0.22% as market sentiment remains upbeat, with NVIDIA earnings and BoE rate hike prospects in focus. Interest rate differential between the US and UK narrows, potentially pushing GBP/USD towards the YTD high of 1.3147. Technicals indicate resistance at the 50-DMA of 1.2791; a breach could target 1.2995, while support
[ad_1] قرص BOE: BOE هفته گذشته نرخ ها را افزایش داد زیرا ما فکر می کردیم که حرکت بسیار زیادی در اقتصاد وجود دارد تقاضای بیش از حد برای تورم برای بازگشت به 2 درصد تلاش برای حفظ قدرت هزینه کردن، تورم بالاتر و پایدار را در معرض خطر قرار می دهد خطر گیر کردن
