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The British pound edged higher toward $1.35 following stronger-than-expected UK GDP growth of 0.4% in July. While solid growth supports sterling, upside remains tempered by expectations of a BoE rate…
The British pound rose toward $1.352 following stronger-than-expected UK July GDP growth of 0.4%, lifting Bank of England rate hike bets. However, upside remains tempered as the US dollar holds stead…
The US dollar remains subdued below resistance ahead of US inflation prints and an expected 25 bps rate hike from the ECB. With Brent crude surpassing $100, inflation worries are resurfacing, support…
Sterling hovered near $1.35 as soaring energy prices fueled Bank of England rate hike expectations. However, upside remains constrained by a resilient U.S. dollar, supported by strong employment data…
The British pound rose toward $1.355 following Chancellor John Healey's pledge of fiscal discipline ahead of the October budget. While higher borrowing costs and geopolitical inflation risks linger, …
The British pound held steady above $1.35 as markets awaited the UK Chancellor's speech. Robust August hiring data supported sterling, offsetting pressure from rising crude oil prices, broader gilt w…
The British Retail Consortium urged the UK Chancellor to lift the employer National Insurance threshold, citing 115,000 lost retail jobs and £6.5 billion in rising employment costs over two years ami…
The British pound traded above $1.36, approaching mid-February highs amid dollar weakness and strong UK economic data. Accelerating UK inflation and robust business activity support Bank of England r…
UK GDP met forecasts with 0.4% growth in Q2, but momentum is slowing. Despite a softer US dollar providing support, rising energy costs threaten to squeeze growth and reignite inflation, keeping the …
Major UK banks (Barclays, Lloyds, NatWest) are set to report profit growth for H1, but rising geopolitical tensions in the Middle East and higher living costs signal increased bad loan provisions, pr…