BoE Hints at Peak Rates after Vote to Hold, GBP Offered

Bank of England Holds Interest Rates Steady at 5.25% The monetary policy committee narrowly decided to hold (5-4) Disinflation expected to continue but growth forecasts for H2 likely to be weaker BoE hints at a potential peak in interest rates as the bank stated it will be “sufficiently restrictive for sufficiently long” to get inflation

UK CPI Miss Unable to Deter GBP Fragility

POUND STERLING TALKING POINTS UK CPI misses but PPI beat could be troublesome down the line. Little change in BoE forecasts for tomorrow, 25bps hike expected. GBP/USD arrives into oversold territory on RSI. Recommended by Warren Venketas Get Your Free GBP Forecast GBP/USD FUNDAMENTAL BACKDROP The UK CPI release missed on both headline and core

United Kingdom CFTC GBP NC Net Positions down to £46.2K from previous £46.4K

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MUFG: UK labour report and US CPI could impact BOE hiking path and GBP

GBPUSD daily MUFG discusses the high possibility that this week’s UK labor report and the US CPI data could influence market expectations surrounding the Bank of England’s (BoE) rate hike. Recent statements from Governor Andrew Bailey and Chief Economist Huw Pill hint at a more dovish stance, which may affect the GBP’s performance in the

US Dollar on the Ropes with Yen Leading the Way. AUD, NZD and GBP Piled In

US Dollar, DXY Index, USD/JPY, Ueda, BoJ, USD/CNH, China, India, Commodities – Talking Points US Dollar is under pressure as BoJ Governor’s Comments Shake Currency Markets Government bond yields are higher globally with JGBs leading the way The ascending trend remains in play for the DXY index for now. Will it reverse? Recommended by Daniel

United Kingdom CFTC GBP NC Net Positions fell from previous £59.1K to £48.4K

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United Kingdom CFTC GBP NC Net Positions up to £59.1K from previous £51K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any

United Kingdom CFTC GBP NC Net Positions climbed from previous £47K to £51K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any