It’s been a rough morning for GBP, with economic data thwarting early attempts at a GBP recovery....
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The pound has come under pressure after the weaker than expected inflation reading for April...
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"The British Pound may struggle to hold its ground ahead of the Bank of England (BoE) Minutes as the headline reading for U.K. inflation is expected to slow to an annualized rate of 2.6% in April. However, as the BoE anticipates above-target...
Hopes for the UK economy are driving the UK pound higher, especially against the US dollar, today. Rising home prices are providing optimism that the UK economy is improving, and that is reflected in sterling gains today. (...)Read the rest...
I’m still very much convinced that we are not currently witnessing a pure USD-bullish market, but...
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UK pound is gaining ground today, heading higher as the latest BOE economic outlook provides some hope for growth. Sterling is on the rise against most of its major counterparts due to the enthusiasm and expectations for the rest...
The fundamental highlight for GBP on Wednesday is the Bank of England’s second Inflation Report for...
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Today’s AM fix was USD 1,436.50, EUR 1,103.47 and GBP 938.15 per ounce. Yesterday’s AM fix...
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This week the pound unfolded towards the downside as expected and we are now able to calculate...
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